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114 N Lexington Avenue

Asheville, NC 28801
  • $25
  • STATUS: Active
  • ON SITE: 83 Days
  • ID#: 4384814
UPDATED: 70 min ago
$25
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial-Lease
Built:
1926
County:
Area:

School Ratings & Info

Canopy MLS logo Offered by Likewise Commercial Real Estate: 828-222-3685. Copyright 2026 Canopy MLS. All rights reserved.

Description

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 $25/SF + NNN. Property is also available for sale.



MLS Grid logo Based on information submitted to the MLS GRID as of 2026-08-19T06:34:36.717 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Nexus Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
www.nexusrealtync.com/homes/176901404
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114 N Lexington Avenue Asheville, NC 28801

  • Price: $25
  • Status: Active
  • On Site: 83 Days
  • Updated: 70 min ago
  • ID#: 4384814
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1926
Built
County:
Buncombe
Area:
Asheville
Property Description
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 $25/SF + NNN. Property is also available for sale.
Exterior Features

Carport YN No Construction Materials Brick Full Construction Type Site Built Foundation Details Slab Lot Features PavedViewsOther - See Remarks Other Parking Paid parking lot with 82 spots across the street from N. Lexington Ave. entrance. Metered street parking available. Parking Features On StreetParking LotParking Space(s)Parking Space(s) (Off Site) Road Frontage Type City StreetInterstate 1 mile or LessInterstateOther - See Remarks Road Responsibility Publicly Maintained Road Road Surface Type Paved Roof Flat

Interior Features

Basement YN No Below Grade Finished Area 0 Building Area Total 7042 Cooling Central AirZoned Flooring ConcreteSlateWood Heating CentralZoned

Property Features

Accessibility Features Two or More Access ExitsBath 60 Inch Turning RadiusBath Grab BarsElevatorMobility Friendly Flooring Additional Parcels YN False Association YN No Auction YN No Availability Date 2026-05-27 Building Features Elevator CCRSubject To Undiscovered City Taxes Paid To Asheville Commercial Location Description Central Business District Elevation 2000 Flood Plain No Hoa Subject To None Inclusions BuildingLand Inside City YN Yes New Construction YN No Possible Use Commercial Property Sub Type Retail Restrictions BuildingSignageUseOther - See Remarks Restrictions Description CBD District. Party Wall Agreement - See attachments. Senior Community YN No Sewer Public Sewer Sprinkler None Tenant Pays All UtilitiesTrash Collection Utilities Electricity ConnectedNatural Gas View CityMountain(s)WinterYear Round Water Source City Zoning CBD



MLS Grid logo Based on information submitted to the MLS GRID as of 2026-08-19T06:34:36.717 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Nexus Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Canopy MLS logo Offered by Likewise Commercial Real Estate: 828-222-3685. Copyright 2026 Canopy MLS. All rights reserved.