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Ground-Level Flex Space
New
For Sale
$432,400

39 N Lexington Ave Unit 5, Asheville, NC 28801

The condo is configured for parking and storage, with both street-facing and interior building access.

Property SizeContact for details
Days on Market2

Property Features for 39 N Lexington Ave Unit 5

General Information

Standard status Active

Additional Details

Floor Ground
Road Access Yes

Building Details

Year Built 1916
Listing Agency: NAI Allen Tate Beverly-Hanks Commercial
Listed By: Chris Mansfield · License ##340236
Source: Dreamteamunited
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 2:38AM

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 Allen Tate Beverly-Hanks Commercial

Investment Insights

Based on property information with market context.

This ground-floor commercial condo at 39 N Lexington Ave, Unit 5, Asheville, is currently arranged for garage and storage use. Street frontage and access from inside the building provide two points of entry. The building dates to 1916.

The unit is offered only as an add-on to another Morrison or Rankin Press condo owned by the seller; it is not available for separate purchase.

Key Highlights

  • Ground‑level condo currently arranged for garage and storage use
  • Direct street frontage plus access through the building interior
  • Located at 39 N Lexington Ave, Unit 5, in downtown Asheville

Property Analytics

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Current Use

Bold Rock Asheville Restaurant Collaboratory Production Facility

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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5,310
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - The condo is configured for parking and storage, with both street-facing and interior building access.
Where is this flex space located?
The property is located at 39 N Lexington Ave Unit 5 Asheville, NC.
What is the asking price?
The asking price for this property is $432,400.
What are key features of this property?
This property features: Ground‑level condo currently arranged for garage and storage use; Direct street frontage plus access through the building interior; Located at 39 N Lexington Ave, Unit 5, in downtown Asheville
More about this property
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