Properties

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

Features
Sewer:
Public Sewer
Address Map
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
MLS Addon
Office Name:
Dewey Property Advisors
Agent Name:
Jay Lurie
TaxAnnualAmount:
$0
TaxAssessedValue:
$0
AssociationFee:
$0
Additional Information
Building Size:
3400
Previous Price:
1500000
Stories:
2
Water Source:
City
Financial
Association Yn:
1
Listing Information
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

2 Bathrooms
$1,200,000
Listing ID #4408214
Basic Details
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
Agent info
Contact Agent
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