114 N Lexington Ave, Asheville, NC 28801

This historic & well-maintained 3-story brick building offers unparalleled exposure amidst the vibrant cityscape 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.

Total of 7,042 SF with 3 floors of usable space, providing immediate potential for value-add income through multi-tenant occupancy.

Lower level is 2,240 SF and includes a retail area and a commercial kitchen with platform passenger lift and dumbwaiter accessing upper floors.

Second level is 2,384 SF and includes a full service restaurant with plenty of seating and entrances from two major streets in downtown Asheville.

Upper level is 2,418 SF and currently has a bar area with a dumb waiter from the kitchen and offers stunning views of both the mountains and the cityscape.

There is dual stairwell access & possibility of division into two separate spaces.

Each level features unique historical architectural details and loads of natural light.

Strategically located in a coveted location on Lexington Avenue, a renowned destination street flanked by the bustling thoroughfares and serves as a dynamic creative corridor, boasting a diverse array of over 200 small businesses and shops, ranging from chic retro boutiques to inviting restaurants & brewpubs.

Recent upgrades including a new roof in 2021 and new windows in 2023.

The area is alive with activity, hosting the beloved Downtown After 5 free street festival, drawing in crowds of around 5,000 every third Friday during the summer months.