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114 N Lexington AVE Asheville, NC 28801 Active

UPDATED: 05/27/2026 05:32 PM ON MARKET: 12 days on market

$25

5 Baths2,613 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

MLS Listing ID 4384814

Year Built 1926

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Retail

Property Description

Excellent exposure in the vibrant LoLex District of Downtown Asheville. Well-positioned at the signalized intersection of Exit 5A off I-240, this property offers both interstate frontage and visibility from 2 major city streets. Hardwood floors, natural light, high ceilings, and historic details make for a beautiful space and a practical upfit. Existing kitchen infrastructure, ADA bathrooms on every floor (5 total) and useful extras like a dumbwaiter from the kitchen servicing both upper levels and a flat passenger lift providing ADA access to the third floor from Broadway St entrance. Fully renovated in 2008, this property enjoys the charming detail of an older building with newer roof, windows and systems throughout. 7,042 SF on three floors of usable space, provides flexibility for all types of uses, but was most recently a restaurant. Lower level (2,240 SF) includes a retail area fronting Lexington Street with a commercial kitchen space in the back. Second level (2,384 SF) was previously a full service restaurant with a built-in bar, plenty of seating areas, and entrances from two major streets in downtown Asheville. Upper level (2,418 SF) currently has a bar area with a dumb waiter from the kitchen and offers views of both the mountains and the cityscape. Priced at $25/SF + NNN. Property is also available for sale.

Based on information submitted to the MLS GRID as of 06/08/2026 02:36 AM. 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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