114 N Lexington Avenue, Asheville, NC 28801 (MLS # 4118249)

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PRICE $2,900,000 dsIDX morgage calculator
SIZE 7,042 sqft
LOT SIZE 2,614 sqft

This historic & well-maintained building offers unparalleled exposure amidst the vibrant cityscape of Downtown Asheville. Well-positioned at the signalized intersection off I-240, this property offers interstate frontage from 2 major city streets. 7,042 SF with 3 floors of usable space, providing immediate potential for value-add income through multi-tenant occupancy. Lower level includes a retail area and a commercial kitchen with platform passenger lift and dumbwaiter accessing upper floors. Second level includes a restaurant with plenty of seating and entrances from two major streets. Upper level has a bar area with stunning views of both the mountains and the cityscape. There is dual stairwell access & possibility of division into two separate spaces. Strategically located on a destination street flanked by a diverse array of over 200 small businesses. Recent upgrades include a new roof in 2021 and new windows in 2023. Restaurant FF&E not included in sale but is negotiable.

YEAR BUILT 1926 COUNTY Buncombe
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air, Zoned
AIR CONDITIONING Yes
CONSTRUCTION Brick
HEAT Central, Zoned
INTERIOR Elevator
LOT 2614 sq ft
LOT DESCRIPTION Paved, Views
MLS STATUS Active
PARKING On Street, Parking Lot
SEWER Public Sewer
STORIES 3
UTILITIES Natural Gas Available, Electricity Connected
VIEW Yes
VIEW DESCRIPTION City, Mountain(s)
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Listed with Carla & Company Real Estate Services
Date last updated: 7/15/24 11:39 AM PDT

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