28 N Lexington AVE Asheville, NC 28801 Active
UPDATED: 04/08/2026 12:54 PM ON MARKET: 21 days on market
$1,500,000
2 Baths2,178 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4366708
Construction Status Completed
Year Built 1916
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Retail
Property Description
Boutique Downtown Residential & Retail Duo combining street-level retail
with upper-floor residential unit on Lexington Avenue and Tingle Alley.
Positioned in the heart of downtown Asheville's vibrant Lexington Avenue district, 28 N.
Lexington Avenue and 7 Tingle Alley present a rare opportunity to own a true live/work
property in one of the city's most dynamic corridors.
Ideal for owner-operators, the property offers the ability to live just above your business—
creating a seamless lifestyle rooted in the energy of downtown—while also providing the
flexibility to generate income from either level. Whether you choose to occupy the upper
residence or lease it, the layout supports both personal use and long-term investment.
The street-level retail space is fully leased, delivering immediate, stable income, while the
character-rich residential unit above presents additional revenue potential or a unique
opportunity for an owner to establish a presence directly within their business footprint.
Surrounded by Asheville's most active dining, arts, and retail destinations, the property benefits
from consistent foot traffic and strong local demand—positioning it as both a lifestyle asset and
a smart income-producing investment
Based on information submitted to the MLS GRID as of 04/29/2026 13:03 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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