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About This Home
This 0-bedroom, 2-bathroom commercial at 28 N Lexington Avenue in Asheville, NC is listed for $1,500,000. Built in 1916, on a 0.05 acres lot.
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
Key Features
- Built in 1916
- 0.05 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
28 N Lexington Avenue
Asheville, NC 28801
Questions & Answers
This 0-bedroom, 2-bathroom commercial at 28 N Lexington Avenue is listed at $1,500,000. The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.
Key features include: Built in 1916, 0.05 acre lot, 2 stories.
This property is listed by Jay Lurie and can be reached at 8282168462 or lurie.jay@gmail.com.














