28 N Lexington Avenue

Asheville, NC 28801

MLS#: 4366708

$1,500,000

Status: Active
Listing number: 4366708
Listing provided by: The Real Estate Center
Listing agent phone: None
Last update: 5 days ago
On site: 5 days ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1916

Sq.Footage

N/A

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

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    NO

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $1,500,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    Yes

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Buncombe

Elementary School

Middle School

High School

Listing Courtesy of Jay Lurie , The Real Estate Center

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Jen Audier

Agent | Team Lead

Jen Audier

Call Jen today to schedule a private showing.

(586) 484-2526

(803) 715-3726

jen@prestinoadvantage.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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

28 N Lexington Avenue

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Investment Opportunity. Fully leased restaurant in Biltmore Village now for sale. New interior and new landscaping. NNN Lease in place. Landlord is only responsible for the Roof. Must see property with indoor and outdoor dining.
#4339921

Asheville

14 Swannanoa River Road

None Beds

None Baths

N/A

$1,505,000

MLS#: 4339921

Excellent redevelopment opportunity with 3.19+/- acres located in rapidly developing Woodfin. Located 676 FT from I-26 (Exit 23), the property features interstate visibility (62,500 VPD) along busy Weaverville Rd. (11,500 VPD) and is 9 minutes to downtown Asheville. Water, sewer, electric, and natural gas on site. The site is surrounded by a mixed-use development, Reynolds Village, as well as manufacturing facilities, numerous retailers, businesses, and many supportive single and multi-family developments. Woodfin is known for its small-town mountain lifestyle with big-city amenities. The property contains 4 parcels and is being sold as-is. Sellers make no representation on the condition of homes. Please do not disturb the tenants. Contact listing agent for more information.
#4341897

Asheville

103 Weaverville Road

None Beds

None Baths

5,348 Sq.Ft.

$1,750,000

MLS#: 4341897

Welcome to a well-established location in Asheville's vibrant downtown district! Inside the building, bars and restaurant areas have a stylish layout complementing Asheville's local culture, steps away from nearby shops and live music venues. The space comes with necessary fixtures and equipment for bar and restaurant operations, making it a turn-key option for new owners. There are 2 Parklets outside of the property on 116 N. Lexington Street that will allow for outdoor dining. There are two entrances to the building, one on Broadway Street and on N. Lexington Street. 116 N. Lexington is the primary access to the building for both downstairs and upstairs venues. Broadway Street entrance only accesses the upstairs Bar and Restaurant. The paid parking lot across the street on N. Lexington Street plus street parking on the block provide ample access to the building. There is a tenant with a lease until June 30th, 2028.
#4242585

Asheville

111 Broadway Street 1

None Beds

None Baths

N/A

$1,300,000

MLS#: 4242585

Amazing opportunity in the River Arts District for this 1.5 acre lot, situated along the French Broad. This location offers numerous possibilities! Refer to Asheville City Zoning for restriction of possible use.
#4136612

Asheville

458 Riverside Drive

None Beds

None Baths

N/A

$1,200,000

MLS#: 4136612

ATTENTION INVESTORS...A stamped, engineered drawing exists with the option of office spaces to be developed and rented out! A HUGE business opportunity!!! Zoned commercial or residential with plenty of options in between! This beautiful, private, and modern style house is a must see! Complete with 4 bedrooms, 3 bath; along with city water, sewer and natural gas. Located on 3.22 acres with deck and plenty of outdoor living! Numerous options with ability to split and build retail offices or another residence. Make an appointment to check out this rare gem of a property!
#4332891

Asheville

258 Old Weaverville Road

None Beds

None Baths

N/A

$1,490,000

MLS#: 4332891

Five-level parcels totaling 1.12 acres at Exit 23 off I-26 in N. Asheville near Reynolds Mountain Village and UNC-Asheville. Outstanding visibility from I-26 (52,500 avg. daily traffic count per NCDOT). Zoned commercial shopping district which allows for restaurant, retail, gas station, office, etc. Local municipality/planner (Town of Woodfin) is easy to work with. Small part of the west side of property is in floodway. Call listing broker for more info on what can be done on the site. No survey available.
#4349361

Asheville

128-138 Weaverville Road

None Beds

None Baths

N/A

$1,250,000

MLS#: 4349361

CBD in NW side of Downtown. . This vacant commercial lot is located in the heart of downtown Asheville, NC. With a prime location at 28801, this lot offers endless possibilities for any business looking to establish a presence in this vibrant and growing community or residential development opportunities. The lot is surrounded by a variety of shops, restaurants, and other local businesses, making it an ideal spot for a new Residential development opportunities. Whether you're looking to open a retail store, a restaurant, or any other type of commercial endeavor this lot is a prime location, with easy access to major roads and public transportation, this lot is easily accessible to customers and employees alike. Don't miss this opportunity to be a part of the thriving downtown Asheville community! Property is also available for long term lease .
#4136384

Asheville

12 Pearl Street

None Beds

None Baths

N/A

$1,200,000

MLS#: 4136384

Positioned within a well-established professional office park in central Asheville, this ±6,613 SF two-story office building offers an excellent opportunity for professional or service-oriented users seeking a convenient and accessible location. The property features four bathrooms, functional multi-level space suitable for a variety of office configurations, and ample parking within a shared lot for tenants and visitors. Surrounded by long-term professional co-tenants, the setting provides a stable and business-focused environment. Centrally located near downtown Asheville and the Tunnel Road commercial corridor, the property offers close proximity to a variety of restaurants, retail, and service amenities, while providing convenient regional access approximately 1 mile to I-240, 4 miles to I-40, and easy connectivity via major corridors including Tunnel Road (US-70) and Charlotte Highway (US-74A). Zoned O2, the property supports a variety of professional office and institutional uses.
#4359590

Asheville

77 Central Avenue E

None Beds

None Baths

6,613 Sq.Ft.

$1,656,250

MLS#: 4359590

Located in the heart of Asheville’s highly sought-after South Slope District, 186-188 Coxe Avenue offers a rare opportunity to acquire or lease a two-suite street-level commercial property in one of the city’s most active pedestrian corridors. Surrounded by award-winning breweries, restaurants, entertainment venues, professional offices and attractive residential developments, the building features two versatile suites with open floor plans, ideal for retail, showroom, office or experiential concepts. Polished concrete floors, high ceilings and flexible, clear-span layouts provide a modern, industrial aesthetic, while rear workroom space and secondary access from Collier Avenue enhance functionality for operations and deliveries.••Highlights••±5,150 SF street-level retail building on•0.12 acres zoned CBD•Two suites with open, flexible floor plans•Polished concrete floors ideal for retail or showroom use•Rear workroom/storage space•Secondary (back) access from Collier Avenue•High visibility and strong pedestrian traffic•Suitable for owner-user, investor, or retail tenant
#4352500

Asheville

186 Coxe Avenue

None Beds

None Baths

N/A

$1,600,000

MLS#: 4352500

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service