$25

114 N Lexington Avenue, Asheville, NC 28801

  • 5 baths |
  • 7,042 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $0/sqft
  • Property List Date Icon Listed 2 months ago

Property 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. Please email the listing agent, Abigail Farrow, for all showing requests. Listing agent accompany.

Listing Status:
Active
Data Last Updated:
August 11, 2026 at 5:17PM
Listing Office:
Likewise Commercial Real Estate : 828-222-3685
MLS ID:
4384814
  • Flooring: ConcreteSlateWood
  • A/C: Central AirZoned
  • Heating: CentralZoned
  • Parking: On StreetParking LotParking Space(s)Parking Space(s) (Off Site)
  • Roofing: Flat
  • General: Site BuiltSlab
  • Road/Access: City StreetInterstate 1 mile or LessInterstateOther - See Remarks
  • Originating MLS: carolina
  • County: Buncombe
  • Zoning: CBD964931779500000
  • View: CityMountain(s)WinterYear Round
  • Restrictions: CBD District. Party Wall Agreement - See attachments.
  • Utilities: Electricity ConnectedNatural Gas
  • Water: City
  • Sewer: Public Sewer
  • Source: carolina
  • Exclusions: Please refer to the listing agent.

This listing courtesy of Likewise Commercial Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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