39 N Lexington Ave 5 Asheville, NC 28801
For Sale
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This ground-level condo presents a rare opportunity to control a highly flexible space within one of downtown Asheville's most prominent buildings. With direct street frontage and interior building access, the unit offers a level of functionality and versatility that is difficult to find in the urban core. Currently configured as a garage/storage suite, the space is positioned to serve as private parking, storage, or operational extension for nearby office or retail users. Alternatively, its layout and zoning allow for a wide range of adaptive uses ranging from boutique retail or creative studio space to unique concepts such as a speakeasy or private lounge. This commercial unit is only available for purchase as a tie in, in conjunction with one of the other Morrison or Rankin Press condo units owned by the seller. Not available for independent purchase.
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Bold Rock Asheville Restaurant
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Collaboratory Production Facility Brewery & Distillery
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.