114 N Lexington Avenue, Asheville, NC 28801

  • $2,750,000
114 N Lexington Avenue, Asheville, NC 28801, Asheville, NC
Active For Sale
114 N Lexington Avenue, Asheville, NC 28801
114 N Lexington Avenue, Asheville, NC 28801, Asheville, NC
  • $2,750,000

Description

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.

  • Address 114 N Lexington Avenue
  • City Asheville
  • State/county NC
  • Zip/Postal Code 28801

Details

Updated on May 13, 2025 at 5:55 pm
  • Property ID: 4249365
  • Price: $2,750,000
  • Property Size: 7042 m²
  • Bathrooms: 5
  • Garage Size: x x
  • Year Built: 1926
  • Property Type: Retail, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Listing Terms: Cash,Conventional
  • Roof: Flat
  • Utilities: Electricity Connected,Natural Gas
  • Sewer: Public Sewer
  • Cooling: Central Air,Zoned
  • Heating: Central,Zoned
  • Flooring: Concrete,Slate,Wood
  • County: Buncombe
  • Property Type: Commercial Sale
  • Parking: On Street,Parking Lot,Parking Space(s),Parking Space(s) (Off Site)

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