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Active

114 N Lexington Avenue

Asheville, NC 28801

Active 459 days on market Listing ID CAR 274983095

$2,600,000

Est. $14,946/mo See my rate

$369/Sq Ft

7,042 sqft · $369/sqft

— Beds
— Baths
7,042 Sq Ft
$369/Sq Ft
1926 Built
.06 acres Retail Listed Apr 24, 2025 Updated Mar 7, 2026 HOA None

About This Home

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.

Property Details

Interior Details

Heating
  • Central
  • Zoned
Flooring
  • Concrete
  • Slate
  • Wood
Exclusions
Please refer to the listing agent.
Inclusions
  • Building
  • Land
Total Bathrooms
5
Sqftmaximumlease
0.00
Sqftminimumlease
0.00
Sqftavailablemaximum
7042
Sqftavailableminimum
7042

Dwelling And Structure

Building Features
  • Elevator
Accessibility Features
  • Two or More Access Exits
  • Bath 60 Inch Turning Radius
  • Bath Grab Bars
  • Elevator
  • Mobility Friendly Flooring

Parking And Garage

Parking Features
  • On Street
  • Parking Lot
  • Parking Space(s)
  • Parking Space(s) (Off Site)

Exterior Features

Roof
  • Flat
Construction Materials
  • Brick Full

Lot And Land

Lot Features
  • Paved
  • Views
  • Other - See Remarks
Lot Size Acres
0.06
Lot Size Units
Acres

Basement And Foundation

Foundation Details
  • Slab

Waterfront And View

View
  • City
  • Mountain(s)
  • Winter
  • Year Round

Utilities

Sewer
  • Public Sewer
Utilities
  • Electricity Connected
  • Natural Gas
Water Source
  • City

Financial Information

Citytaxespaidto
Asheville
Proposedspecialassessmentyn
0

Zoning And Restrictions

Zoningspecification
C B D

Multi Unit Details

Number Of Buildings
1

Listed by Abigail Farrow (828-333-2380) · Likewise Commercial Real Estate (828-222-3685)

Location

Address
114 N Lexington Avenue
City
Asheville, NC 28801
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