About 114 N Lexington Avenue
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.
Features of 114 N Lexington Avenue
| MLS® # | 4249365 |
|---|---|
| Price | $2,600,000 |
| Bathrooms | 5 |
| Acres | 0.06 |
| Year Built | 1926 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 114 N Lexington Avenue |
|---|---|
| City | Asheville |
| County | Buncombe |
| State | NC |
| Zip Code | 28801 |
Amenities
| Utilities | Electricity Connected, Natural Gas |
|---|---|
| Garages | On Street, Parking Lot, Parking Space(s), Parking Space(s) (Off Site) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central, Zoned |
|---|---|
| Cooling | Central Air, Zoned |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Paved, Views, Other - See Remarks |
|---|---|
| Roof | Flat |
| Construction | Brick Full |
Additional Information
| Date Listed | April 24th, 2025 |
|---|---|
| Days on Market | 312 |
| Zoning | CBD |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Likewise Commercial Real Estate |
|---|