0 Beds
5 Baths
n/a SqFt
Active
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.
Property Details | ||
---|---|---|
Price | $2,900,000 | |
Total Baths | 5 | |
Lot Size Area | 0.06 | |
Lot Size Area Units | Acres | |
Property Type | Commercial | |
Sub type | Retail | |
MLS Sub type | Retail | |
Stories | 3 | |
Year Built | 1926 | |
View | City, Mountain(s), Winter, Year Round | |
Roof | Flat | |
Heating | Central, Zoned | |
Foundation | Slab | |
Accessibility | Two or More Access Exits, Bath 60 Inch Turning Radius, Bath Grab Bars, Elevator, Mobility Friendly Flooring | |
Lot Description | Paved, Views, Other - See Remarks | |
Parking Description | On Street, Parking Lot, Parking Space(s), Parking Space(s) (Off Site) | |
Geographic Data | ||
County | Buncombe | |
Latitude | 35.5987147 | |
Longitude | -82.55385343 | |
Address Information | ||
Address | 114 N Lexington Avenue, Asheville, NC 28801 | |
Postal Code | 28801 | |
City | Asheville | |
Cross Street | Broadway | |
State | NC | |
Country | United States | |
Listing Information | ||
Listing Office | Carla & Company Real Estate Services | |
Listing Office Phone | 828-222-3685 | |
Listing Agent | Abigail Farrow | |
Listing Agent Phone | 828-333-2380 | |
Attribution Contact | abigail@carla-co.com | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | None | |
Terms | Cash, Conventional | |
Virtual Tour URL | https://singlepointmedia.hd.pics/114-N-Lexington-Ave | |
MLS Information | ||
Days on market | 207 | |
MLS Status | Active | |
Listing Date | Apr 9, 2024 | |
Listing Last Modified | Nov 2, 2024 | |
Tax ID | 964931779500000 | |
MLS # | CAR4118249 |
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This information is believed to be accurate, but without any warranty.