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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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114 N Lexington Ave , Asheville, NC 28801
$2,600,000
Est. Payment: $5,777.78/mo
0 Bed
5 Bath
7042 Sqft
Status: Active | Days on site: 312
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R01098 - 65148
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House Description

The historic & well-maintained Meadows Building is listed on the National Register of Historic Places. This property offers unparalleled exposure amidst the vibrant cityscape of Downtown Asheville. Well-positioned at the signalized intersection off I-240, this property offers interstate visibility and road frontage from 2 major city streets with high VPD. 7,042 SF with 3 floors of usable space. Layout is conducive to redevelopment or alternate uses, providing value-add income potential. Lower level includes a retail area and commercial kitchen infrastructure with dumbwaiter accessing all floors. Platform passenger lift services upper two levels. Wood flooring, high ceilings, natural light, and both east and west facing views of mountains and the cityscape. Building went through a full scale renovation in 2008. Recent upgrades include a new roof in 2021 and new windows in 2023. Paid parking (82 spots) directly across the street with additional street metered parking.

Highlights

Listed by Abigail Farrow , 828-333-2380 Likewise Commercial Real Estate , 828-222-3685.

Property Type

Commercial Sale

Lot/Acreage
0.06

Year Built

1926

County

Buncombe

Listing ID

4249365

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:5
  • Full Bathrooms:
Air Cond:Central Air,Zoned
Fireplaces:
Floor:Concrete,Slate,Wood
Water:City

Exterior Features

Lot:Paved,Views,Other - See Remarks
Zoning:CBD
Roof:Flat
Sewer:Public Sewer
Parking Features:On Street,Parking Lot,Parking Space(s),Parking Space(s) (Off Site)
Principal Interest
$5,778
Taxes
$1,658

Home Price

$2,600,000

Loan Details

30 yrs
%

Down Payment

20%
$520,000
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Monthly Price:
$5,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,777.78 $1,657.50 $0.00 $7,435.28
Yearly $69,333.33 $19,890.00 $0.00 $89,223.33
Total $2,080,000.00 $596,700.00 $0.00 $2,676,700.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Asheville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.