114 N Lexington Avenue, Asheville, NC 28801 (MLS # 4118249)
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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) |
TOTAL MONTHLY PAYMENT
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