39 N Lexington Avenue # 5 Asheville, NC $ 432,400
39 N Lexington Avenue # 5
$ 432,400
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39 N Lexington Avenue # 5

Asheville, NC, 28801
$ 432,400
Bedrooms-- Baths--

Monthly Estimate*

$ 2,986

39 N Lexington Avenue # 5, Asheville, NC 28801 - Image 1
39 N Lexington Avenue # 5, Asheville, NC 28801 - Image 2
39 N Lexington Avenue # 5, Asheville, NC 28801 - Image 3
39 N Lexington Avenue # 5, Asheville, NC 28801 - Image 4
39 N Lexington Avenue # 5, Asheville, NC 28801 - Image 5
39 N Lexington Avenue # 5, Asheville, NC 28801 - Image 6

Commercial Property for sale in Asheville, NC

for $432,400. This building was built in 1916.

This ground-level condo presents a rare opportunity to control a highly flexible space within one of downtown Asheville’s most prominent buildings. With direct street frontage and interior building access, the unit offers a level of functionality and versatility that is difficult to find in the urban core. Currently configured as a garage/storage suite, the space is positioned to serve as private parking, storage, or operational extension for nearby office or retail users. Alternatively, its layout and zoning allow for a wide range of adaptive uses ranging from boutique retail or creative studio space to unique concepts such as a speakeasy or private lounge. This commercial unit is only available for purchase as a tie in, in conjunction with one of the other Morrison or Rankin Press condo units owned by the seller. Not available for independent purchase.

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Commercial Active

Price

$ 432,400

Property Type

Commercial

Taxes

$ 0

Style

Retail

Year Built

1916

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4367803

Features
General
Sewer Public Sewer
Zoning CBD
Year Built 1916
Unit Number 5
Property Subtype Retail
Parcel Number 9649-30-8769-C0005
County Buncombe
New Construction N
Property Type Commercial Sale
HOA Y
Possible Use Commercial
Directions Garage door accessed off Rankin 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
Restrictions No Representation
Tax Assessed Value 587500
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Exterior
Water Source City
Inclusions Building
Lot Size Area 0
Road Surface Type Paved
Road Responsibility Publicly Maintained Road
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Interior
Basement (Y/N) N
Below Grade Finished Area 0
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Internal Only
Street Number 1 39
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* Excluded Features
List By
Nai Allen Tate Beverly-Hanks Commercial

Broker

Affordability Calculator

$2,986
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,986
Monthly Property Taxes
--
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
4/9/2026$432,400 Listed Price

Map


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39 N Lexington Avenue # 5, Asheville, NC, 28801 is a Commercial Property for sale at $432,400. 39 N Lexington Avenue # 5 was built in 1916. The property's zip code is 28801 which is in Asheville, NC