114 N Lexington Avenue
Asheville, NC 28801
7042 sqft | #4249365
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.
Property Details
- Parking FeaturesOn Street, Parking Lot, Parking Space(s), Parking Space(s) (Off Site)
- ViewCity, Mountain(s), Winter, Year Round
- Utility FeaturesElectricity Connected, Natural Gas
- Lot FeaturesPaved, Views, Other - See Remarks
- Lot DescriptionPaved, Views, Other - See Remarks
- CoolingCentral Air, Zoned
- Cooling FeaturesCentral Air, Zoned
- Parcel Number964931779500000
- Sewer InformationPublic Sewer
- Original List Price$2,750,000
- Property TypePurchase
- CountyBuncombe
- MLS #4249365
- Cost2750000
- MLS #4249365
- Property SubtypeRetail
- Square Feet7042
- Year Built1926
- FoundationSlab
- RoofFlat
- Utility SourceCity
- ZoningCBD
- Days on Market (Cumulative)374
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2025-05-13 17:55:04. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Last Updated:Â . Source: CANOPY
Listing Courtesy
Listing Agent: Abigail Farrow (#CAR65148), Email: abigail@likewisecommercial.com
Listing Office: Likewise Commercial Real Estate (#CARR01098)
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