28 N Lexington Avenue, Asheville, NC 28801
sale
$1,500,000
|
Retail
Courtesy Of Dewey Property Advisors
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
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Property Features
- Age: Over 50 Years Old
- Floors: 2
- Legal Description: DEED DATE: 2023-12-19 DEED: 6373-527 SUBDIV: BLOCK: LOT: TRACT 1 SECTION: PLAT: 0233-0006
- MLSID: 4408214
- Rooms: Bathroom 2
- Rooms: Bathroom 1
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