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    114 N Lexington Ave Asheville, NC 28801

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    For Sale
    $2,600,000

    Historic building with redevelopment potential in vibrant downtown Asheville.

    Property size:
    7,042 SF
    Added:
    Apr 24, 2025
    Days on Market:
    370
    Last Refresh:
    Apr 5 at 8:28 pm

    Property Features for 114 N Lexington Ave

    General Information

    Standard status
    Active
    Size
    7,042 SF

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    Listing Contact
    Abigail Farrow

    Listing agent Abigail Farrow

    Listing office Likewise Commercial Real Estate

    Listing date Apr 24, 2025

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Likewise Commercial Real Estate


    Overview

    Historic Meadows Building in Downtown

    The historic Meadows Building, listed on the National Register of Historic Places, is located in Downtown Asheville. The 7,042 square foot building features three floors of usable space and is situated at a signalized intersection off I-240, offering interstate visibility and road frontage from two major city streets. The layout is conducive to redevelopment or alternate uses, providing value-add income potential. The lower level includes a retail area and commercial kitchen infrastructure with a dumbwaiter accessing all floors. A platform passenger lift services the upper two levels. Interior features include wood flooring, high ceilings, natural light, and east and west-facing views of the mountains and cityscape. The building underwent a full-scale renovation in 2008, with a new roof installed in 2021 and new windows in 2023. Paid parking with 82 spots is available directly across the street, with additional metered street parking.
    Location Intelligence

    Current Use by Public Records

    Loretta's Café Event Planning

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Asheville
    County
    Buncombe
    State
    North Carolina
    Longitude
    -82.5539
    Latitude
    35.5987

    FAQs

    What type of property is this?
    Office building - Historic building with redevelopment potential in vibrant downtown Asheville.
    Where is this office building located?
    The property is located at 114 N Lexington Ave Asheville, NC.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: 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.**
    More about this property
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