111 Broadway Street # 1 Asheville, NC $ 1,300,000
111 Broadway Street # 1
$ 1,300,000
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111 Broadway Street # 1

Asheville, NC, 28801
$ 1,300,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,979

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Commercial Property for sale in Asheville, NC

for $1,300,000. This building was built in 1919 on a lot size of 0.04.

Welcome to a well-established location in Asheville's vibrant downtown district! Inside the building, bars and restaurant areas have a stylish layout complementing Asheville's local culture, steps away from nearby shops and live music venues. The space comes with necessary fixtures and equipment for bar and restaurant operations, making it a turn-key option for new owners. There are 2 Parklets outside of the property on 116 N. Lexington Street that will allow for outdoor dining. There are two entrances to the building, one on Broadway Street and on N. Lexington Street. 116 N. Lexington is the primary access to the building for both downstairs and upstairs venues. Broadway Street entrance only accesses the upstairs Bar and Restaurant. The paid parking lot across the street on N. Lexington Street plus street parking on the block provide ample access to the building. There is a tenant with a lease until June 30th, 2028.

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Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Taxes

$ 0

Style

Food/Beverage

Lot Size

0.04

Year Built

1919

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4242585

Features
General
Sewer Public Sewer
Zoning CBD
Patio/Porch Features Balcony Covered Patio
Construction Materials Brick Full Brick Partial Wood
Year Built 1919
Unit Number 1
Property Subtype Food/Beverage
Parcel Number 964931777700000
Elevation 2500
County Buncombe
New Construction N
Property Type Commercial Sale
HOA N
Directions Take Exit 5A of Interstate 240 and go left to on to Broadway turn Right on to Woodfin Street and then turn right on N. Lexington Ave. Please GPS to 116 N. Lexington Ave.
City Asheville
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Standard Status Active
Construction Type Site Built
Restrictions Use
Tax Assessed Value 521500
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Interior
Flooring Concrete Tile Wood
Basement (Y/N) N
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Exterior
Water Source City
Inclusions Building Equipment Fixtures Land
Lot Size Area 0.04
Road Surface Type Paved
Road Frontage Type City Street
Road Responsibility Publicly Maintained Road
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Internal Only
Street Number 1 111
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* Excluded Features
List By
Realty One Group Pivot Asheville

Broker

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$8,979
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,979
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/8/2025$1,300,000 Listed Price

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111 Broadway Street # 1, Asheville, NC, 28801 is a Commercial Property for sale at $1,300,000 with a lot size of 0.04. 111 Broadway Street # 1 was built in 1919. The property's zip code is 28801 which is in Asheville, NC