39 N Lexington Ave - Storefront Retail/Office CONDO FOR SALE


Asheville, NC 28801- Downtown Asheville
$5,675,000 USD
828-782-3605
39 N Lexington Ave, Asheville, NC for Sale
$5,675,000 USD
Storefront Retail/Office CONDO - FOR SALE
1/30
null | Request Cap Rate

39 N Lexington Ave
Asheville, NC 28801
Downtown Asheville


HIGHLIGHTS

  • 15 Barrel Brewery System
  • 4 Fermenters
  • 365 Seat Capacity
  • Event Space in the back
  • Optional room for brewery expansion

OVERVIEW

The retail condo at 39 N. Lexington Avenue in Asheville, NC, offers a unique opportunity for a new owner seeking a versatile commercial property in the heart of downtown. Constructed in 1916, this historic building features a brick facade and has housed various businesses over the years, including the Oscar Blues Brewery and Bold Rock Hard Cider/Taproom. Given its prime location and adaptable space, 39 N. Lexington Avenue presents an excellent opportunity for businesses seeking a prominent downtown presence. The space is set up as a full Brewery with a 15 Barrel Brewhouse and a fully equipped restaurant / bar / commercial kitchen. The space features 7,000 square feet of retail space and 1,000 square feet of dry/cold storage on the second floor off Rankin Ave. 39 N. Lexington is situated in the heartbeat of Downtown Asheville and benefits from the city's reputation as a hot spot for tourism. Owner is willing to entertain conversations around a Lease / Purchase / Option scenario for the right credit tenant / buyer. Located in the heart of Downtown Asheville with high visibility on N. Lexington Avenue near major tourist corridors. The building offers access from both Lexington Avenue and Rankin Avenue, It is situated across from two public parking decks—the Rankin Avenue Garage (262 spaces) and the Civic Center Garage (550 spaces) - ensuring convenient parking for customers and employees.

FOR SALE DETAILS

PRICE

$5,675,000 USD

PRICE/SF

$747 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Perfect for Restaurant or Major Retailer

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

7,727 SF

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,727 SF

ZONING

CBD

APN/PARCEL ID

9649-30-8769-C0005

ASK ABOUT THIS PROPERTY

Jay LurieDewey Property AdvisorsMore Info
828-782-3605

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Jay LurieDewey Property AdvisorsMore Info
828-782-3605

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.