Description
Excellent exposure in the vibrant LoLex District of Downtown Asheville. Well-positioned at the signalized intersection of Exit 5A off I-240, this property offers both interstate frontage and visibility from 2 major city streets. Hardwood floors, natural light, high ceilings, and historic details make for a beautiful space and a practical upfit. Existing kitchen infrastructure, ADA bathrooms on every floor (5 total) and useful extras like a dumbwaiter from the kitchen servicing both upper levels and a flat passenger lift providing ADA access to the third floor from Broadway St entrance. Fully renovated in 2008, this property enjoys the charming detail of an older building with newer roof, windows and systems throughout. 7, 042 SF on three floors of usable space, provides flexibility for all types of uses, but was most recently a restaurant. Lower level (2, 240 SF) includes a retail area fronting Lexington Street with a commercial kitchen space in the back. Second level (2, 384 SF) was previously a full service restaurant with a built-in bar, plenty of seating areas, and entrances from two major streets in downtown Asheville. Upper level (2, 418 SF) currently has a bar area with a dumb waiter from the kitchen and offers views of both the mountains and the cityscape. Priced at $25/SF + NNN. Property is also available for sale.
Address
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Address: 114 N Lexington Avenue
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City: Asheville
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State/county: NC
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Zip/Postal Code: 28801
Details
Updated on June 10, 2026 at 5:06 pm-
Property ID 4384814
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Price $25
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Property Size 7042 m²
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Bathrooms 5
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Year Built 1926
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Property Type Retail, Commercial Lease
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Property Status Active, For Rent
Additional details
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Roof Flat
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Utilities Electricity Connected, Natural Gas
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Sewer Public Sewer
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Cooling Central Air, Zoned
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Heating Central, Zoned
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Flooring Concrete, Slate, Wood
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County Buncombe
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Property Type Commercial Lease
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Parking On Street, Parking Lot, Parking Space(s), Parking Space(s) (Off Site)
Mortgage Calculator
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Down Payment
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Loan Amount
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Property Tax
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