Price Reduced ListingBoutique Downtown Residential & Retail Duo combining street-level retailwith 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/workproperty 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 theflexibility to generate income from either level. Whether you choose to occupy the upperresidence 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 thecharacter-rich residential unit above presents additional revenue potential or a uniqueopportunity 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 benefitsfrom consistent foot traffic and strong local demand-positioning it as both a lifestyle asset anda smart income-producing investment
| MLS # | 4408214 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1916 |
| Days On Site | 97 |
| Listing Provided By | Dewey Property Advisors | Jay Lurie |
| Bath(s) | 2 |
|---|---|
| SQ Feet | 3,400 |
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | CBD |
| Acreage | 0.05 |
| List Aor | Charlotte Region Commercial Board of Realtors |
|---|
| Property | 621000 |
|---|
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28801 |
| Area | Buncombe |
| Listing VS Median (in 28801) | |
Price: $1,200,000 low | high Med: $739,000 sqft: 3,400 low | high Med: 2,271 $ / sqft: $353 low | high Med: $325 On site: 97 low | high Med: 80 | |
| State | NC |
|---|---|
| County | Buncombe |
| City | Asheville |
| Zip Code | 28801 |
| Area | Buncombe |
| Listing VS Median (in 28801) | |
Price: $1,200,000 low | high Med: $739,000 sqft: 3,400 low | high Med: 2,271 $ / sqft: $353 low | high Med: $325 On site: 97 low | high Med: 80 | |