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    Asheville, NC
    Commercial Kitchen

    Asheville, NC Commercial Kitchens for Sale

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    Wilmington, NC Weaverville, NC King, NC Marion, NC Woodfin, NC Murphy, NC Leicester, NC Kinston, NC
    Historic Meadows Building in Downtown
    Updated: Apr 24, 2025
    Historic Meadows Building in Downtown

    114 N Lexington Ave, Asheville, NC 28801

    $2,600,000
    7,042 sqft
    High‑visibility location at a signalized intersection off I‑240 with road frontage on two major city streets.
    Historic building listed on the National Register of Historic Places.
    7,042 SF with 3 floors of usable space suitable for redevelopment or alternate uses.**
    Commercial kitchen infrastructure and dumbwaiter accessing all floors.
    Recent upgrades including a new roof (2021) and new windows (2023).
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    This listing looks promising.

    Here's a quick look at some key insights for

    114 N Lexington Ave, Asheville, NC, 28801-2815

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    • Est. Cap Rate

      5%
      NOI ÷ price

    • Est. NOI

      $131K
      Annual

    • Price @ 7% Cap

      $1.87M
      Suggested
    View Property Analytics
    Brewery With Restaurant And Bar
    Updated: Aug 12
    Brewery With Restaurant And Bar

    39 N Lexington Avenue N, Asheville, NC 28801

    Contact for pricing
    15 Barrel Brewhouse
    7,000 square feet of retail space
    1,000 square feet of dry/cold storage on the second floor
    Fully equipped restaurant, bar, and commercial kitchen
    Historic brick building constructed in 1916
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Asheville, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Kitchen Property with Basement
    Commercial Kitchen Property with Basement

    850 Falling Creek Road, Spartanburg, SC 29301

    $380,000
    1,879 sqft 0.53 AC lot

    Commercial property with an open meeting area, kitchen infrastructure, storage, and parking capacity on a half-acre lot.

    View details
    Commercial Kitchen with Finished Basement
    Commercial Kitchen with Finished Basement

    850 Falling Creek Road, Spartanburg, SC 29301

    $380,000
    0.53 AC lot

    Finished lower level provides storage and a commercial kitchen alongside an open main-level room.

    View details
    Mixed-Use Building with Theater
    Mixed-Use Building with Theater

    215 E Main St, Johnson City, TN 37604

    Contact for pricing
    6,712 sqft

    Mixed-use property features a former theater space, commercial kitchen with walk-in freezer, office/mezzanine, and large street-facing display windows.

    View details
    Night Club with Vacant Lot
    Night Club with Vacant Lot

    2910 Bristol Hwy, Johnson City, TN

    Contact for pricing
    12,884 sqft 1.38 AC lot

    Night club with parking and adjacent 1.98-acre vacant lot.

    View details

    Off-Market Properties in Asheville, NC

    Consider similar Off-Market properties in Asheville, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    168 Haywood Rd
    TAKE-OUT RESTAURANT

    168 Haywood Rd, Asheville, NC 28806-4524

    $520,000
    Estimated value
    932 sqft 0.16 AC lot
    View details
    204 Weaverville Rd
    TAKE-OUT RESTAURANT

    204 Weaverville Rd, Asheville, NC 28804-1228

    $485,000
    Estimated value
    3,032 sqft 0.40 AC lot
    View details
    1409 Brevard Rd
    TAKE-OUT RESTAURANT

    1409 Brevard Rd, Asheville, NC 28806-9560

    $125,000
    Estimated value
    1,712 sqft 0.58 AC lot
    View details
    470 Weaverville Rd
    TAKE-OUT RESTAURANT

    470 Weaverville Rd, Asheville, NC 28804-1121

    $185,000
    Estimated value
    1,408 sqft 0.44 AC lot
    View details

    Asheville, NC Commercial Kitchens Market Trends and Statistics

    Explore 6 commercial kitchens for sale in Asheville, NC on our real estate platform. These investment opportunities span a total of 7,042 square feet of properties for sale, with an estimated market value of $2,600,000.

    Sale prices for industrial kitchens in Asheville, NC average $2,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 18
    Bars & Pubs 12
    Coffee shops 5
    Commercial kitchens 4
    Drive through restaurants 1

    Demographics Overview

    Population 139K
    Population Growth (5Y) +4.9%
    Median Household Income $66,351
    College Educated 33.1%

    Taxes & Financing

    Tax Rate (average for all types) 0.91%
    Property Tax per SF $11.15 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Buncombe County

    New Delisted

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