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    Live - Work Space

    Asheville, NC Live-work Space for Sale

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    Live-Work Mixed-Use Property
    Updated: Jul 19
    Live-Work Mixed-Use Property

    28 N Lexington Avenue, Asheville, NC 28801

    $1,500,000
    3,400 sqft
    Mixed‑use building built in 1916 with street‑level retail and an upper‑floor residential unit
    Street‑level retail is fully leased, providing immediate rental income
    Live/work setup on Lexington Avenue with the residence above the retail space
    Property includes both income‑generating retail and an upper‑floor unit for potential lease or owner occupancy
    Located in downtown Asheville’s Lexington Avenue district at 28 N. Lexington Avenue and 7 Tingle Alley
    View details
    Hotel Space with Private Rooms
    Updated: Apr 9
    Hotel Space with Private Rooms

    2-39 N Lexington Avenue, Asheville, NC 28801

    $1,800,000
    Current Sweet Peas Hostel operation at 39 N Lexington Ave, Unit 2
    Multiple private rooms paired with expansive common areas
    Existing kitchen and full‑bath infrastructure
    Exposed brick and hardwood floors
    Abundant natural light throughout the space
    View details
    Two-Story Corner Retail Studio
    Two-Story Corner Retail Studio

    111211-315 Haywood Rd, Asheville, NC 28806

    $699,000

    Flexible live-work or commercial corner unit with street-level retail/studio space and a second-floor plan.

    View details
    See hot listings in Asheville

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Asheville, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with Flex Space
    Mixed-Use Property with Flex Space

    607 Kanuga Road, Hendersonville, NC 28739

    $589,900
    1,371 sqft

    A furnished two-bedroom residence combines with heated workspace and a detached garage.

    View details
    Historic Mixed-Use Building
    Historic Mixed-Use Building

    204 Sutton Avenue, Black Mountain, NC 28711

    $980,000
    3,772 sqft

    Flexible downtown building with high ceilings, loft-style areas, and potential for street-level commercial and upper-level residential use.

    View details
    Quadplex with Detached Studio
    Quadplex with Detached Studio

    111-113 Stewart Street, Hendersonville, NC 28792

    $645,000
    2,739 sqft

    Adaptable property combines separate living, gallery, studio, and short-term rental spaces within a walkable setting.

    View details
    Historic Mixed-Use Building
    Historic Mixed-Use Building

    204 Sutton Avenue, Black Mountain, NC 28711

    $980,000
    0.06 AC lot

    Flexible commercial space with upper-level and rear areas that may support residential use, subject to zoning verification.

    View details

    Asheville, NC Live-Work Space Market Trends and Statistics

    Explore 3 live-work space for sale in Asheville, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,400 square feet of properties for sale, with an estimated market value of $3,999,000.

    Sale prices for live-work properties in Asheville, NC start at $699,000, averaging $1,333,000, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 130
    Medical Office Space 32
    Office buildings 23
    Creative space 12
    Coworking space 5

    Demographics Overview

    Population 139K
    Population Growth (5Y) +4.9%
    Median Household Income $66,351
    College Educated 33.1%

    High-Yield Neighborhoods for Investment

    Identify Asheville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28806 $699K
    28801 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.91%
    Property Tax per SF $11.15 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Buncombe County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Asheville fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

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