39 N Lexington Avenue # 2 Asheville, NC $ 1,800,000
39 N Lexington Avenue # 2
$ 1,800,000
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39 N Lexington Avenue # 2

Asheville, NC, 28801
$ 1,800,000
Bedrooms-- Baths--

Monthly Estimate*

$ 12,432

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Commercial Property for sale in Asheville, NC

for $1,800,000. This building was built in 1916.

39 N Lexington Ave, Unit 2 presents a rare opportunity to acquire a character-rich, flexible-use space in the heart of downtown Asheville. Currently operating as Sweet Peas Hostel, the property offers a unique layout with expansive common areas, multiple private rooms, and existing kitchen and full bath infrastructure already in place. Exposed brick, hardwood floors, and abundant natural light create an authentic environment well suited for creative office, boutique hospitality, live/work, or wellness-oriented concepts. Located in one of Asheville’s most desirable and walkable corridors, the property offers a compelling opportunity for an owner-user or investor seeking a distinctive downtown asset.

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Commercial Active

Price

$ 1,800,000

Property Type

Commercial

Taxes

$ 0

Style

Bed/Breakfast

Year Built

1916

Town/City

Asheville

County/Region

Buncombe

MLS | Web ID

4367843

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Zoning CBD
Security Features Fire Sprinkler System
Year Built 1916
Unit Number 2
Property Subtype Bed/Breakfast
Parcel Number 9649-30-8769-C0002
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
Virtual Tour https://a3e4d4a4-dab6-4a64-b125-b50018be872f.pipedrive.email/c/vkwe0v36rk/jkq1orxo3y/5nkdm9xlkw/0?redirectUrl=https%3A%2F%2Fiframe.videodelivery.net%2F6525a86b65d7ccc05bf6e333f859e398&hash=D0Nl5UX58U https://a3e4d4a4-dab6-4a64-b125-b50018be872f.pipedrive.email/c/vkwe0v36rk/jkq1orxo3y/5nkdm9xlkw/0?redirectUrl=https%3A%2F%2Fiframe.videodelivery.net%2F6525a86b65d7ccc05bf6e333f859e398&hash=D0Nl5UX58U
Standard Status Active
Restrictions No Representation
Tax Assessed Value 1571100
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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

$12,432
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,432
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$1,800,000 Listed Price

Map


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39 N Lexington Avenue # 2, Asheville, NC, 28801 is a Commercial Property for sale at $1,800,000. 39 N Lexington Avenue # 2 was built in 1916. The property's zip code is 28801 which is in Asheville, NC