28 N Lexington Avenue, Asheville, NC 28801 For Sale

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.