About 114 N Lexington Avenue
Excellent exposure in the vibrant LoLex District 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. Hardwood floors, natural light, high ceilings, and historic details make for a beautiful space and a practical upfit. Existing kitchen infrastructure, ADA bathrooms on every floor (5 total) and useful extras like a dumbwaiter from the kitchen servicing both upper levels and a flat passenger lift providing ADA access to the third floor from Broadway St entrance. Fully renovated in 2008, this property enjoys the charming detail of an older building with newer roof, windows and systems throughout. 7,042 SF on three floors of usable space, provides flexibility for all types of uses, but was most recently a restaurant. Lower level (2,240 SF) includes a retail area fronting Lexington Street with a commercial kitchen space in the back. Second level (2,384 SF) was previously a full service restaurant with a built-in bar, plenty of seating areas, and entrances from two major streets in downtown Asheville. Upper level (2,418 SF) currently has a bar area with a dumb waiter from the kitchen and offers views of both the mountains and the cityscape. Priced at $18/SF + NNN. Property is also available for sale.
Features of 114 N Lexington Avenue
| MLS® # | 4384814 |
|---|---|
| Price | $18 |
| Bathrooms | 5 |
| Acres | 0.06 |
| Year Built | 1926 |
| Type | Commercial Lease |
| 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 | May 27th, 2026 |
|---|---|
| Days on Market | 91 |
| Zoning | CBD |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Likewise Commercial Real Estate |
|---|
