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
- Sewer:
- Public Sewer
- Country:
- US
- State:
- NC
- County:
- Buncombe
- City:
- Asheville
- Zipcode:
- 28801
- Street:
- Lexington
- Street Number:
- 28
- Street Suffix:
- Avenue
- Longitude:
- W83° 26' 50.3''
- Latitude:
- N35° 35' 45.2''
- Directions:
- 28 N Lexington Ave is located downtown Asheville between College St and Walnut St. directly across from Tops for Shoes and Anthropologie.
- Street Dir Prefix:
- N
- Zoning:
- CBD
- Office Name:
- Dewey Property Advisors
- Agent Name:
- Jay Lurie
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- Building Size:
- 3400
- Previous Price:
- 1500000
- Stories:
- 2
- Water Source:
- City
- Association Yn:
- 1
- List Agent Mls Id:
- jalu54893
- List Office Mls Id:
- 12695
- Listing Term:
- Cash,Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2026-10-23T19:24:07Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-07-27T16:44:49Z
Commercial Sale For Sale
28 N Lexington Avenue, Asheville, North Carolina 28801
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 4408214
- Price :
- $1,200,000
- Bathrooms :
- 2
- Year Built :
- 1916
- Status :
- Active
- Property Sub Type :
- Retail









