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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.

Features
: Central, Zoned
: Central Air, Zoned
: Flat
: Parking Lot, Parking Space(s), On Street, Parking Space(s) (off Site)
: Wood, Concrete, Slate
Public Sewer
: Paved, Views, Other - See Remarks
: Elevator, Two Or More Access Exits, Bath 60 Inch Turning Radius, Bath Grab Bars, Mobility Friendly Flooring
Address Map
US
NC
Buncombe
Asheville
28801
Lexington
114
Avenue
0
W83° 26' 46''
N35° 35' 55.3''
N
Additional Information
: City
964931779500000
: Slab
CBD
: Cbd
MLS Information
Likewise Commercial Real Estate
R01098
Abigail Farrow
65148
828-333-2380

Commercial Sale For Sale

114 Lexington Avenue, Asheville, North Carolina 28801

0 Bedrooms
5 Bathrooms
0 Sqft
$2,750,000
Listing ID #4249365
Basic Details
Property Type : Commercial Sale
Property SubType : Retail
Listing Type : For Sale
Listing ID : 4249365
Price : $2,750,000
View : City,mountain(s),winter,year Round
Bedrooms : 0
Bathrooms : 5
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1926
Lot Area : 0.06 Acre
Lot Size SqFt : 0 Sqft
Status : Active
MLS Status : Active
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Agent info
Butch Austin
Contact Agent
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