114 N Lexington AVE, Asheville, NC 28801 – 4249365

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Jennifer Schoolfield

jenniferschoolfield@gmail.com +1(704) 968-1655

$2,750,000

Est. payment - /mo

5 Baths

2,613 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4249365

Year Built 1926

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Retail

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.

Location

State NC

County Buncombe

Zoning CBD

Interior

Heating Central, Zoned

Cooling Central Air, Zoned

Flooring Concrete, Slate, Wood

Inclusions Building, Land

Exterior

Utilities Available Electricity Connected, Natural Gas

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

Roof Type Flat

Street Surface Paved

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

Building

Lot Description Paved, Views, Other - See Remarks

Dwelling Type Site Built

Foundation Slab

Sewer Public Sewer

Water City

Structure Type Brick Full

New Construction false

Others

Senior Community false

Restrictions Building,Signage,Use,Other - See Remarks

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by Abigail Farrow • Likewise Commercial Real Estate • abigail@likewisecommercial.com

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Jennifer Schoolfield

+1(704) 968-1655

Agent | License ID: 319709

Agent License ID: 319709

114 N Lexington AVE Asheville, NC 28801

Jennifer Schoolfield

Key Details

Location

Interior

Exterior

Building

Others

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