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24 N Lexington Avenue, Asheville, NC, 28801
Boutique Hotel and Retail Redevelopment

24 N Lexington Avenue Asheville, NC 28801

For Sale
$8,000,000

SINGLE_FAMILY - Asheville, NC

Lot Size0.48 Acres
Days on Market98

Property Features for 24 N Lexington Avenue

General Information

Property type
Residential
Property subtype
Retail
Zoning
CBD
Rooms
Basement
Parking features
Parking Lot, On Street
Basement
Dirt Floor, Unfinished
Standard status
Active
APN
9649-40-1647-00000
Lot size
0.48 Acres

Taxes and HOA fees

Tax Description
DEED DATE:08/04/2022 DEED:6246-0463 LOT:TRACT 2 PLAT:0233-0006

Utilities

Sewer type
Public Sewer

Building Details

Year built
1910
Listing Agency: The Real Estate Center
Listed By: Jay Lurie · License #192865
Added: Apr 21 Changed: Jul 23 Last Checked: Jul 27 at 6:06AM
MLS# 4366684

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.

24 N Lexington Avenue in downtown Asheville is part of the historic Star Block, originally built in the early 1900s, and is being marketed for mixed-use redevelopment as a boutique hospitality property with ground-level retail. The proposed program includes a 35-room boutique hotel, a cocktail lounge, and retail space along both N. Lexington Avenue and Broadway Street.

An adjacent parking lot at 76 College Street is included, providing approximately 20 surface parking spaces. The combined offering is positioned at the intersection of Broadway Street and the N. Lexington Avenue retail corridor within the CBD zoning district (zoning: CBD).

Key Highlights

  • Historic mixed‑use building built in 1910, part of the Star Block.
  • Proposed 35‑room boutique hotel with ground‑level retail and a cocktail lounge.
  • Redevelopment plan includes boutique hotel and retail frontage along N. Lexington Ave. and Broadway Street.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Locksmith Storage Facility Tanning Salon (Bike/Boat/Book/etc) Store Nursing Home Clothing & Fashion Store

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

FAQs

What type of property is this?
Hotel - Downtown Asheville mixed-use redevelopment with proposed boutique hotel, cocktail lounge, ground-floor retail, and dedicated surface parking.
Where is this hotel located?
The property is located at 24 N Lexington Avenue Asheville, NC.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Historic mixed‑use building built in 1910, part of the Star Block.; Proposed 35‑room boutique hotel with ground‑level retail and a cocktail lounge.; Redevelopment plan includes boutique hotel and retail frontage along N. Lexington Ave. and Broadway Street.
More about this property
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