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$ 1,500,000
Est. payment | /mo
2 Baths
2,178 Sqft Lot
$ 1,500,000
Est. payment | /mo
2 Baths
2,178 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4366708
Construction Status Completed
Year Built 1916
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Retail
Property Description
Boutique Downtown Residential & Retail Duo combining street-level retail
with upper-floor residential unit on Lexington Avenue and Tingle Alley.
Positioned in the heart of downtown Asheville's vibrant Lexington Avenue district, 28 N.
Lexington Avenue and 7 Tingle Alley present a rare opportunity to own a true live/work
property in one of the city's most dynamic corridors.
Ideal for owner-operators, the property offers the ability to live just above your business—
creating a seamless lifestyle rooted in the energy of downtown—while also providing the
flexibility to generate income from either level. Whether you choose to occupy the upper
residence or lease it, the layout supports both personal use and long-term investment.
The street-level retail space is fully leased, delivering immediate, stable income, while the
character-rich residential unit above presents additional revenue potential or a unique
opportunity for an owner to establish a presence directly within their business footprint.
Surrounded by Asheville's most active dining, arts, and retail destinations, the property benefits
from consistent foot traffic and strong local demand—positioning it as both a lifestyle asset and
a smart income-producing investment
with upper-floor residential unit on Lexington Avenue and Tingle Alley.
Positioned in the heart of downtown Asheville's vibrant Lexington Avenue district, 28 N.
Lexington Avenue and 7 Tingle Alley present a rare opportunity to own a true live/work
property in one of the city's most dynamic corridors.
Ideal for owner-operators, the property offers the ability to live just above your business—
creating a seamless lifestyle rooted in the energy of downtown—while also providing the
flexibility to generate income from either level. Whether you choose to occupy the upper
residence or lease it, the layout supports both personal use and long-term investment.
The street-level retail space is fully leased, delivering immediate, stable income, while the
character-rich residential unit above presents additional revenue potential or a unique
opportunity for an owner to establish a presence directly within their business footprint.
Surrounded by Asheville's most active dining, arts, and retail destinations, the property benefits
from consistent foot traffic and strong local demand—positioning it as both a lifestyle asset and
a smart income-producing investment
Location
State NC
County Buncombe
Zoning CBD
Interior
Inclusions Business, Land
Exterior
Street Surface Paved
Building
Dwelling Type Site Built
Sewer Public Sewer
Water City
New Construction false
Construction Status Completed
Others
Senior Community false
Restrictions Historical
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Jay Lurie • The Real Estate Center • lurie.jay@gmail.com
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