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114 N Lexington Avenue

Asheville, NC 28801
  • $2,750,000
  • STATUS: Active
  • ON SITE: 76 Days
  • ID#: 4249365
$2,750,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1926
County:
Area:

School Ratings & Info

Canopy MLS logo Offered by Likewise Commercial Real Estate: 828-222-3685. Copyright 2025 Canopy MLS. All rights reserved.

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.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2025-07-09T23:34:03.017 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Mossy Oak Properties Land and Luxury nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2025 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

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114 N Lexington Avenue Asheville, NC 28801

  • Price: $2,750,000
  • Status: Active
  • On Site: 76 Days
  • ID#: 4249365
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1926
Built
County:
Buncombe
Area:
Asheville
Property 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.
Exterior Features

Carport YN No Construction Materials Brick Full Construction Type Site Built Foundation Details Slab Lot Features PavedViewsOther - See Remarks Other Parking Paid parking lot with 82 spots across the street from N. Lexington Ave. entrance. Metered street parking available. Parking Features On StreetParking LotParking Space(s)Parking Space(s) (Off Site) Road Frontage Type City StreetInterstate 1 mile or LessInterstateOther - See Remarks Road Responsibility Publicly Maintained Road Road Surface Type Paved Roof Flat

Interior Features

Basement YN No Building Area Total 7042 Cooling Central AirZoned Flooring ConcreteSlateWood Heating CentralZoned

Property Features

Accessibility Features Two or More Access ExitsBath 60 Inch Turning RadiusBath Grab BarsElevatorMobility Friendly Flooring Additional Parcels YN False Auction YN No Building Features Elevator CCRSubject To Undiscovered City Taxes Paid To Asheville Commercial Location Description Central Business District Elevation 2000 Flood Plain No Hoa Subject To None Inclusions BuildingLand Inside City YN Yes Lease Considered YN No Listing Terms CashConventional New Construction YN No Possible Use Commercial Property Sub Type Retail Restrictions BuildingSignageUseOther - See Remarks Restrictions Description CBD District. Party Wall Agreement - See attachments. Senior Community YN No Sewer Public Sewer Special Listing Conditions None Sprinkler None Utilities Electricity ConnectedNatural Gas View CityMountain(s)WinterYear Round Water Source City Zoning CBD



MLS Grid logo Based on information submitted to the MLS GRID as of 2025-07-09T23:34:03.017 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Mossy Oak Properties Land and Luxury nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2025 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Mossy Oak Properties Land and Luxury
114 Morlake Drive Suite 103
Mooresville NC, 28117
Canopy MLS logo Offered by Likewise Commercial Real Estate: 828-222-3685. Copyright 2025 Canopy MLS. All rights reserved.