Downtown Asheville Live/Work
28 N Lexington Avenue Asheville, NC 28801
28 N Lexington Avenue, Asheville, NC, 28801
$1,500,000
For Sale
$1,500,000
SINGLE_FAMILY - Asheville, NC
Lot Size0.05 Acres
Days on Market102
Property Features for 28 N Lexington Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- CBD
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 9649-40-0770-00000
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Description
- DEED DATE: 2023-12-19 DEED: 6373-527 SUBDIV: BLOCK: LOT: TRACT 1 SECTION: PLAT: 0233-0006
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1916
- Floors in Building
- 2
Listing Agency
The Real Estate Center
(828) 255-4663
159 South Lexington Avenue, Asheville, NC
Listed by
Jay Lurie · License #192865
(828) 216-8462
Added: Apr 8 Checked: Jul 18 at 12:06 am
MLS# 4366708
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This boutique downtown residential and retail duo combines street-level retail with an upper-floor residential unit on Lexington Avenue and Tingle Alley. Located in the heart of downtown Asheville's vibrant Lexington Avenue district, the property at 28 N. Lexington Avenue and 7 Tingle Alley presents a live/work opportunity. Suited for owner-operators, the property allows residents to live above their business, creating a lifestyle rooted in the energy of downtown, while also providing the flexibility to generate income from either level. The layout supports both personal use and long-term investment, whether you choose to occupy the upper residence or lease it. The street-level retail space is fully leased, delivering immediate, stable income, while the residential unit above presents additional revenue potential or a unique opportunity for an owner to establish a presence directly within their business footprint. The property benefits from consistent foot traffic and strong local demand, positioning it as both a lifestyle asset and an income-producing investment. The lot size is 0.05 acres.
Key Highlights
- Prime downtown Asheville location on Lexington Avenue and Tingle Alley
- Live/work property offering a seamless lifestyle and income generation
- Street‑level retail space is fully leased, providing immediate income
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
April Cornell
Clothing & Fashion Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Live/work property in Asheville's vibrant Lexington Avenue district.
Where is this mixed-use property located?
The property is located at 28 N Lexington Avenue Asheville, NC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime downtown Asheville location on Lexington Avenue and Tingle Alley; Live/work property offering a seamless lifestyle and income generation; Street‑level retail space is fully leased, providing immediate income
