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About This Home

This 0-bedroom, 0-bathroom commercial at 24 N Lexington Avenue in Asheville, NC is listed for $8,000,000. Built in 1910, on a 0.48 acres lot.

Agent Description

Mixed-Use Redevelopment & Boutique Hospitality Opportunity with Dedicated Parking at 76 College St. Proposed 35-room boutique hotel, cocktail lounge, and ground level retail on both N. Lexington Ave. and Broadway Street. Located in the heart of downtown Asheville, the property sits at the intersection of Broadway Street and the Lexington Avenue retail corridor, two of the city's most active pedestrian streets.

Part of the historic Star Block, originally built in the early 1900s, the building is positioned for redevelopment as Zelda Salon, a proposed 35-key boutique hotel that will preserve the property's historic character while introducing suite-style guest rooms, curated hospitality spaces, and ground-level retail along both Broadway and Lexington Avenue.

The offering also includes the adjacent 76 College Street parking lot, providing approximately 20 surface parking spaces in a supply-constrained downtown environment. Together, the properties present a rare downtown parking in the center of Asheville's thriving tourism market. opportunity combining existing retail income, boutique hotel redevelopment potential, and dedicated

Key Features

  • Built in 1910
  • 0.48 acre lot

Property Details

1910

Amenities

View

Monthly Cost Estimate

$42,786/mo

20% down · 6.5% · 30 years

Principal$5,786
Interest$34,667
Insurance$2,333

Estimates only. Actual payments may vary.

Location

24 N Lexington Avenue

Asheville, NC 28801

Property Details

Views

City

Parking

Parking LotOn Street

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 24 N Lexington Avenue is listed at $8,000,000. The estimated monthly payment is $34,667 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.48 acre lot.

This property is listed by Jay Lurie and can be reached at 8282168462 or lurie.jay@gmail.com.

JL

Jay Lurie

Agent at The Real Estate Center

(828) 216-8462

Listed by The Real Estate Center

MLS# 4366684· Source: listhub· Updated 2 days ago

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

24 N Lexington Avenue, Asheville, NC 28801

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