Property Details
28 Lexington Avenue
Asheville
$1,500,000
MLS Number: 4366708
Status: Active
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
Location |
|
|---|---|
| Address | 28 Lexington Avenue Asheville |
| County | Buncombe |
Overview |
|
| Bedrooms | 0 |
| Full Bathrooms | 0 |
| Half Bathrooms | 0 |
| Lot Size | 0.05 acres |
| Year Built | 1916 |
General |
|
| List Price | $1,500,000 |
| MLS Number | 4366708 |
| Status | Active |
| Office | The Real Estate Center |
Schools |
|
| Elementary | |
| Middle | |
| High | |
Features |
|
| Type | Retail |
| Water/Sewer | City |
Listings courtesy of Canopy MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 06/23/26 4:34 am EST.
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. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2020 Canopy Multiple Listing Services, Inc. All rights reserved.
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