The historic & well-maintained Meadows Building is listed on the National Register of Historic Places. This property offers unparalleled exposure amidst the vibrant cityscape of Downtown Asheville. Well-positioned at the signalized intersection off I-240, this property offers interstate visibility and road frontage from 2 major city streets with high VPD. 7,042 SF with 3 floors of usable space. Layout is conducive to redevelopment or alternate uses, providing value-add income potential. Lower level includes a retail area and commercial kitchen infrastructure with dumbwaiter accessing all floors. Platform passenger lift services upper two levels. Wood flooring, high ceilings, natural light, and both east and west facing views of mountains and the cityscape. Building went through a full scale renovation in 2008. Recent upgrades include a new roof in 2021 and new windows in 2023. Paid parking (82 spots) directly across the street with additional street metered parking.
- Heating System:
- Central, Zoned
- Cooling System:
- Central Air, Zoned
- Parking:
- On Street, Parking Lot, Parking Space(s), Parking Space(s) (Off Site)
- Flooring:
- Wood, Concrete, Slate
- Sewer:
- Public Sewer
- Utilities:
- Electricity Connected, Natural Gas
- Country:
- US
- State:
- NC
- County:
- Buncombe
- City:
- Asheville
- Zipcode:
- 28801
- Street:
- Lexington
- Street Number:
- 114
- Street Suffix:
- Avenue
- Longitude:
- W83° 26' 46''
- Latitude:
- N35° 35' 55.3''
- Street Dir Prefix:
- N
- Zoning:
- CBD
- Office Name:
- Likewise Commercial Real Estate
- Agent Name:
- Abigail Farrow
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- Accessibility Features:
- Elevator, Two or More Access Exits, Bath 60 Inch Turning Radius, Bath Grab Bars, Mobility Friendly Flooring
- Building Size:
- 7042
- Construction Materials:
- Brick Full
- Foundation Details:
- Slab
- Lot Features:
- Paved, Views, Other - See Remarks
- Possible Use:
- Commercial
- Previous Price:
- 2750000
- Stories:
- 3
- Video Url:
- https://singlepointmedia.hd.pics/114-N-Lexington-Ave
- Virtual Tour:
- https://singlepointmedia.hd.pics/114-N-Lexington-Ave
- Water Source:
- City
- List Agent Mls Id:
- 65148
- List Office Mls Id:
- R01098
- Listing Term:
- Cash,Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2026-03-07T14:17:05Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2025-04-29T14:04:36Z
Commercial Sale For Sale
114 N Lexington Avenue, Asheville, North Carolina 28801
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 4249365
- Price :
- $2,600,000
- View :
- City,Mountain(s),Winter,Year Round
- Bathrooms :
- 5
- Year Built :
- 1926
- Status :
- Active
- Property Sub Type :
- Retail
- Roof:
- Flat
