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Active

24 N Lexington Avenue

Asheville, NC 28801

Active Listed today Listing ID CAR 309176776

$8,000,000

Est. $45,986/mo See my rate

$235/Sq Ft

34,000 sqft · $235/sqft

— Beds
— Baths
34,000 Sq Ft
$235/Sq Ft
1910 Built
.48 acres Retail Listed Jul 27, 2026 Updated Jul 27, 2026 HOA None

About This Home

Mixed-Use Redevelopment & Boutique Hospitality Opportunity with Dedicated Parking at 76 College St. Proposed 35-room boutique hotel, cocktail lounge, and ground level retail on both N. Lexington Ave. and Broadway Street.

Located in the heart of downtown Asheville, the property sits at the intersection of Broadway Street and the Lexington Avenue retail corridor, two of the city’s most active pedestrian streets. Part of the historic Star Block, originally built in the early 1900s, the building is positioned for redevelopment as Zelda Salon, a proposed 35-key boutique hotel that will preserve the property’s historic character while introducing suite-style guest rooms, curated hospitality spaces, and ground-level retail along both Broadway and Lexington Avenue.

The offering also includes the adjacent 76 College Street parking lot, providing approximately 20 surface parking spaces in a supply-constrained downtown environment. Together, the properties present a rare downtown parking in the center of Asheville’s thriving tourism market. opportunity combining existing retail income, boutique hotel redevelopment potential, and dedicated

Property history

  1. Jul 27, 2026
    Status changed to Off Market $8,000,000 Off Market
    Active -> Off Market
  2. Jul 27, 2026
    Listed for sale $8,000,000 Active
    0 days on market

Property Details

Interior Details

Inclusions
  • Building
  • Land
Sqftmaximumlease
0.00
Sqftminimumlease
0.00
Sqftavailablemaximum
32000
Sqftavailableminimum
32000

Square Footage And Levels

Below Grade Finished Area
0

Parking And Garage

Parking Features
  • On Street
  • Parking Lot

Lot And Land

Lot Size Acres
0.48
Lot Size Units
Acres

Basement And Foundation

Basement
  • Dirt Floor
  • Unfinished

Waterfront And View

View
  • City

Utilities

Sewer
  • Public Sewer
Water Source
  • City

Financial Information

Citytaxespaidto
Asheville
Hoasubjecttodues
No
Proposedspecialassessmentyn
0

Zoning And Restrictions

Zoningspecification
C B D

Multi Unit Details

Number Of Buildings
1

Listed by Jay Lurie (828-216-8462) · Dewey Property Advisors (828-548-0090)

Location

Address
24 N Lexington Avenue
City
Asheville, NC 28801
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