Description
Boutique Downtown Residential & Retail Duo combining street-level retail
with upper-floor residential unit on Lexington Avenue and Tingle Alley.
Positioned in the heart of downtown Asheville’s vibrant Lexington Avenue district, 28 N.
Lexington Avenue and 7 Tingle Alley present a rare opportunity to own a true live/work
property in one of the city’s most dynamic corridors.
Ideal for owner-operators, the property offers the ability to live just above your business—
creating a seamless lifestyle rooted in the energy of downtown—while also providing the
flexibility to generate income from either level. Whether you choose to occupy the upper
residence or lease it, the layout supports both personal use and long-term investment.
The street-level retail space is fully leased, delivering immediate, stable income, while the
character-rich residential unit above presents additional revenue potential or a unique
opportunity for an owner to establish a presence directly within their business footprint.
Surrounded by Asheville’s most active dining, arts, and retail destinations, the property benefits
from consistent foot traffic and strong local demand—positioning it as both a lifestyle asset and
a smart income-producing investment
Address
Open on Google Maps-
Address: 28 N Lexington Avenue
-
City: Asheville
-
State/county: NC
-
Zip/Postal Code: 28801
Details
Updated on April 8, 2026 at 12:54 pm-
Property ID 4366708
-
Price $1,500,000
-
Property Size 3400 m²
-
Bathrooms 2
-
Garage Size x x
-
Year Built 1916
-
Property Type Retail, Commercial Sale
-
Property Status Active, For Sale
Additional details
-
Listing Terms Cash,Conventional
-
Sewer Public Sewer
-
County Buncombe
-
Property Type Commercial Sale
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
Contact Information
View ListingsSimilar Listings
117 Main Street, Chester, SC 29706
117 Main Street, Chester, SC 29706, Chester, SC- Retail, Commercial Sale
3449 Robinhood Road, Winston Salem, NC 27106
3449 Robinhood Road, Winston Salem, NC 27106, Winston Salem, NC- Retail, Commercial Sale
1380 N Main Street, Marion, NC 28752
1380 N Main Street, Marion, NC 28752, Marion, NC- Baths: 4
- Retail, Commercial Sale
130 US 64 E None, Cashiers, NC 28741
130 US 64 E None, Cashiers, NC 28741, Cashiers, NC- Baths: 2
- 1497 m²
- Retail, Commercial Sale
- The Simpson Group Realty