# 28 N Lexington Avenue, Asheville, NC 28801

> **TL;DR:** 0bd/2ba commercial, $1,500,000, built 1916. Est. $6,500/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,500,000 |
| Bathrooms | 2 full |
| Year Built | 1916 |
| Lot Size | 2,178 sqft (0.05 acres) |
| Stories | 2 |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,500 |
| **Total** | **$6,500** |

## Property Highlights

- Built in 1916
- 0.05 acre lot
- 2 stories

## Description

### Agent 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 N Lexington Avenue, Asheville, NC 28801
- **County:** Buncombe
- **Coordinates:** 35.59589, -82.5527
- **Google Maps:** https://www.google.com/maps?q=35.59589,-82.5527

## Listing Agent

- **Name:** Jay Lurie
- **Brokerage:** The Real Estate Center
- **Phone:** 8282168462
- **Email:** lurie.jay@gmail.com

## Primary Photo

![28 N Lexington Avenue - Primary Photo](http://lh.rdcpix.com/17ff3d8391ec44cb8a73a7db4ac4e730l-f2464985098r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.com/listing/28-n-lexington-avenue-asheville-nc-28801-4366708)*

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**MLS#:** 4366708 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/28-n-lexington-avenue-asheville-nc-28801-4366708)

---

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