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Two-Story Mixed-Use Building
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34 S Lexington Ave, Asheville, NC 28801

Two-story building on South Lexington Avenue in Downtown Asheville, adaptable for retail, office, or dining uses.

Property SizeContact for details
Days on Market119

Property Features for 34 S Lexington Ave

General Information

Standard status Active
Property subtype Office
Listing Agency: NAI Beverly-Hanks
Listed By: Terry Peterson · License #NC 177585
Source: Crexi
Added: Apr 14 Changed: Aug 8 Last Checked: Jul 21 at 4:50AM

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 NAI Beverly-Hanks

Investment Insights

Based on property information with market context.

This two-story building at 34 S Lexington Ave offers a flexible footprint for a creative tenant or owner looking to shape a distinctive downtown concept. The property is presented as a one-of-a-kind option with room to incorporate a mix of uses, including retail and restaurant/bar, as well as office and even a micro brewery or a downtown residence.

Located on South Lexington in Downtown Asheville, the building is positioned for street-level activity and mixed-use interest along a coveted corridor.

With its two-story configuration and adaptable intended use range, the property can support a variety of downtown operating models while maintaining a consistent, recognizable building form.

Key Highlights

  • Two‑story building on South Lexington Avenue in Downtown Asheville
  • Flexible space suited for retail, office, or dining uses
  • Adaptable for potential retail, restaurant/bar, office, micro brewery, or a downtown residence

Property Analytics

Current Use

Cosmic Vision Clothing & Fashion Store The Plug Smoke Shop ... (Bike/Boat/Book/etc) Store Asheville Wedding and Bride ... Wedding Service Chris Van Atta ... Photography Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Locksmith Storage Facility Tanning Salon Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,687
Businesses Nearby

Demographics for 28801, NC

15,148
Population
8,490
Households
1.8
Avg Household Size
39
Median Age
53%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
2,970
Density / Sq Mi
$51,125
Median Household Income
$38,829
Median Earnings
$1,130
Median Rent
$481,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story building on South Lexington Avenue in Downtown Asheville, adaptable for retail, office, or dining uses.
Where is this office building located?
The property is located at 34 S Lexington Ave Asheville, NC.
What are key features of this property?
This property features: Two‑story building on South Lexington Avenue in Downtown Asheville; Flexible space suited for retail, office, or dining uses; Adaptable for potential retail, restaurant/bar, office, micro brewery, or a downtown residence
(828) 210-3940 Call to check price and availability
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