114 N Lexington AVE Active Save Request In-Person Tour Request Virtual Tour
Asheville,NC 28801
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4118249
Year Built 1926
Lot Size 2,613 Sqft
Property Description
This historic & well-maintained building offers unparalleled exposure amidst the vibrant cityscape of Downtown Asheville. Well-positioned at the signalized intersection off I-240, this property offers interstate frontage from 2 major city streets. 7,042 SF with 3 floors of usable space, providing immediate potential for value-add income through multi-tenant occupancy. Lower level includes a retail area and a commercial kitchen with platform passenger lift and dumbwaiter accessing upper floors. Second level includes a restaurant with plenty of seating and entrances from two major streets. Upper level has a bar area with stunning views of both the mountains and the cityscape. There is dual stairwell access & possibility of division into two separate spaces. Strategically located on a destination street flanked by a diverse array of over 200 small businesses. Recent upgrades include a new roof in 2021 and new windows in 2023. Restaurant FF&E not included in sale but is negotiable.
Location
State NC
County Buncombe
Zoning CBD
Interior
Heating Central,Zoned
Cooling Central Air,Zoned
Flooring Concrete,Slate,Wood
Inclusions Building,Land
Exterior
Utilities Available Electricity Connected,Gas
View City,Mountain(s),Winter,Year Round
Roof Type Flat
Building
Lot Description Paved,Views,Other - See Remarks
Dwelling Type Site Built
Foundation Slab
Sewer Public Sewer
Water City
Structure Type Brick Full
New Construction false
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None