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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