114 N Lexington Avenue, Asheville, NC 28801

$2,600,000
5
BA

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List Price
$2,600,000
Price Change
▼ $150,000 1772773666
Status
ACTIVE
MLS#
4249365
Bathrooms
5
Parcel Size
0.06
Year Built
1926
Days on Market
504

Property Description

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.

Additional Information

County
Buncombe
Restrictions
Building, Signage, Use, Other - See Remarks
Acreage Features
Paved, Views, Other - See Remarks
Exterior Finish
Brick Full
Sewer/Septic
Public Sewer
Heating
Central, Zoned
Cooling
Central Air, Zoned
Roof
Flat

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Calculator source: Real Geeks

Listing courtesy of Likewise Commercial Real Estate. abigail@likewisecommercial.com

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