
ActivePrice ↓ $150K
▶ Virtual Tour
MLS# CAR4249365 · 312 days on market
114 Lexington Avenue
Asheville, NC 28801
$2.60M↓ $150K
Originally listed at $2.75M
Beds0
Baths5
Sq Ft—
Lot0.06 ac
$/SqFt—
DOM312
Architectural Narrative
The historic & well-maintained Meadows Building is listed on the National Register of Historic Places. This property offers unparalleled exposure amidst the vibrant cityscape of Downtown Asheville. Well-positioned at the signalized intersection off I-240, this property offers interstate visibility and road frontage from 2 major city streets with high VPD. 7,042 SF with 3 floors of usable space. Layout is conducive to redevelopment or alternate uses, providing value-add income potential. Lower level includes a retail area and commercial kitchen infrastructure with dumbwaiter accessing all floors. Platform passenger lift services upper two levels. Wood flooring, high ceilings, natural light, and both east and west facing views of mountains and the cityscape. Building went through a full scale renovation in 2008. Recent upgrades include a new roof in 2021 and new windows in 2023. Paid parking (82 spots) directly across the street with additional street metered parking.
At a Glance
Bedrooms0
Property TypeRetail
Year Built1926
Community & Resources
County
Buncombe
NC · 28801
Tax Assessed
$1.01M
County record
Property Facts
- Property Type
- Retail
- Year Built
- 1926
- Lot Size
- 0.06 acres
- Zoning
- CBD
- Parcel #
- 964931779500000
- Tax Assessed Value
- $1.01M
Heating, Cooling & Utilities
- Heating
- Central, Zoned
- Cooling
- Central Air, Zoned
- Flooring
- Concrete, Slate, Wood
- Water Source
- City
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Natural Gas
Exterior & Parking
- Construction
- Brick Full
- Foundation
- Slab
- Roof
- Flat
- Parking
- On Street, Parking Lot, Parking Space(s), Parking Space(s) (Off Site)
Lot Features
PavedViewsOther - See Remarks
View
CityMountain(s)WinterYear Round
Gallery
Listing courtesy of Likewise Commercial Real Estate · Abigail Farrow · Listed 04/24/2025
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114 Lexington Avenue
Asheville, NC · $2.60M
