114 Lexington Avenue
114 Lexington Avenue
Asheville, NC 28801
$2,750,000
- Lot Size: 0.06 Acres
Description
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 Summary
| Property Type: | Commercial Sale | Property Subtype : | Retail |
| Year Built : | 1926 | Construction Type : | Site Built |
| Lot Size : | 0.06 Acres |
Property Features
- Paved
- Views
- Other - See Remarks
Views
- City
- Mountain(s)
- Winter
- Year Round
More Information
- Construction : Brick Full
- Roof : Flat
- Parking : On Street, Parking Lot, Parking Space(s), Parking Space(s) (Off Site)
- Heating : Central, Zoned
- Cooling : Central Air, Zoned
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Conventional
- Possible Use : Commercial
Based on information submitted to the MLS GRID as of 05-31-2025 01:35:04 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.