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39 N Lexington Ave - Perfect for Restaurant or Major Retailer 7,600 SF Retail Condo Unit Offered at $5,675,000 in Asheville, NC 28801



Investment Highlights
- 15 Barrel Brewery System
- 365 Seat Capacity
- Optional room for brewery expansion
- 4 Fermenters
- Event Space in the back
Executive Summary
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.
Data Room Click Here to Access
- Offering Memorandum
- Miscellaneous
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 39 | 7,600 SF | Retail | $5,675,000 ($746.71/SF) | - |
Unit 39
| Unit Size |
| 7,600 SF |
| Condo Use |
| Retail |
| Price |
| $5,675,000 ($746.71/SF) |
| NOI |
| - |
Unit 39
| Unit Size | 7,600 SF |
| Condo Use | Retail |
| Price | $5,675,000 ($746.71/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
Property Facts
Demographics
Demographics
Nearby Major Retailers
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39 N Lexington Ave - Perfect for Restaurant or Major Retailer
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