28 N Lexington Avenue, Asheville, NC 28801

• 2 baths |
• 3,400 sqft

Property 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

Listing Status:

Active

Data Last Updated:

June 25, 2026 at 7:18AM

Listing Office:

The Real Estate Center : 828-255-4663

MLS ID:

4366708

Construction

• General: Site Built

Location

• Road/Access: Paved
• Originating MLS: carolina
• County: Buncombe

Lot

• Zoning: CBD9649-40-0770-00000
• Restrictions: Historical Preservation Facade Easement recorded

Utilities

• Water: City
• Sewer: Public Sewer

Financial

• Source: carolina