28 N Lexington Avenue
Asheville, NC 28801
Est. $8,623/mo — See my rate
$441/Sq Ft
3,400 sqft · $441/sqft
About This Home
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
Property history
-
Jul 27, 2026Status changed to Off Market $1,500,000 Off MarketActive -> Off Market
-
Jul 27, 2026Listed for sale $1,500,000 Active0 days on market
Property Details
Interior Details
- Inclusions
- Business
- Land
- Total Bathrooms
- 2
- Sqftmaximumlease
- 3400.00
- Sqftminimumlease
- 3400.00
- Sqftavailablemaximum
- 3400
- Sqftavailableminimum
- 3400
Square Footage And Levels
- Below Grade Finished Area
- 0
Lot And Land
- Lot Size Acres
- 0.05
- Lot Size Units
- Acres
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
- Number Of Leased Units
- 2
Listed by Jay Lurie (828-216-8462) · Dewey Property Advisors (828-548-0090)
Location
- Address
- 28 N Lexington Avenue
- City
- Asheville, NC 28801
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