Listing by: Abigail Farrow, Likewise Commercial Real Estate, abigail@likewisecommercial.com
0 Beds
5 Baths
n/aSqFt
Active
The historic & well-maintained Meadows Building is listed on the National Register of Historic Places. This property offers unparalleled exposure amidst the vibrant cityscape of Downtown Asheville. Well-positioned at the signalized intersection off I-240, this property offers interstate visibility and road frontage from 2 major city streets with high VPD. 7,042 SF with 3 floors of usable space. Layout is conducive to redevelopment or alternate uses, providing value-add income potential. Lower level includes a retail area and commercial kitchen infrastructure with dumbwaiter accessing all floors. Platform passenger lift services upper two levels. Wood flooring, high ceilings, natural light, and both east and west facing views of mountains and the cityscape. Building went through a full scale renovation in 2008. Recent upgrades include a new roof in 2021 and new windows in 2023. Paid parking (82 spots) directly across the street with additional street metered parking.
Property Details | ||
|---|---|---|
| Price | $2,750,000 | |
| 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 | 35.59869789 | |
| Longitude | -82.55389785 | |
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 | Likewise Commercial Real Estate | |
| Listing Office Phone | 828-222-3685 | |
| Listing Agent | Abigail Farrow | |
| Listing Agent Phone | 828-333-2380 | |
| Attribution Contact | abigail@likewisecommercial.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 | 14 | |
| MLS Status | Active | |
| Listing Date | Apr 24, 2025 | |
| Listing Last Modified | May 13, 2025 | |
| Tax ID | 964931779500000 | |
| MLS # | CAR4249365 | |
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Listings courtesy of Canopy MLS as distributed by MLS GRID.
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