157 S Lexington Avenue, Asheville, NC 28801

  • $1,195,000
  • $1,225,000
157 S Lexington Avenue, Asheville, NC 28801, Asheville, NC
Active For Sale
157 S Lexington Avenue, Asheville, NC 28801
157 S Lexington Avenue, Asheville, NC 28801, Asheville, NC
  • $1,195,000
  • $1,225,000

Description

Downtown Asheville Investment | 7.21% Cap Rate | $1,195,000
Premier office investment in Asheville’s South Slope, fully leased with in-place income and a 7.21% cap rate at $1,195,000 ($256/SF). Ideal for investors or owner-users: Suite D (936 RSF) is leased short-term and will vacate upon execution of a new lease. Offered for lease at $27.50/SF ($2,145/month).

The property totals 4,663 RSF across 8 suites with Class A finishes, hardwood floors, large windows, shared restrooms, kitchen/break area, and patio access in select units. Strong tenant mix and prime location steps from breweries, restaurants, and downtown amenities.

  • Address 157 S Lexington Avenue
  • City Asheville
  • State/county NC
  • Zip/Postal Code 28801

Details

Updated on May 8, 2025 at 2:20 pm
  • Property ID: 4213325
  • Price: $1,195,000
  • Property Size: 4663 m²
  • Bathrooms: 2
  • Garage Size: x x
  • Year Built: 2007
  • Property Type: Office, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • County: Buncombe
  • Property Type: Commercial Sale

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
$
%
%
%
$

Contact Information

View Listings

Enquire About This Property

Similar Listings

Compare listings

Compare
Chasity Brannon
  • Chasity Brannon