$1,300,000
About this home
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.
Property details
- MLS #
- CAR4242585
- Property type
- Food/Beverage
- Subdivision
- N/A
- Status
- Active
- Days on market
- 373
- On market date
- April 8, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 390
- Student:teacher ratio
- 13.4:1
- District
- Asheville City Schools
- Enrollment
- 623
- Student:teacher ratio
- 11.5:1
- District
- Asheville City Schools
- Enrollment
- 1,135
- Student:teacher ratio
- 13.2:1
- District
- Asheville City Schools
Walkability
Blended score for Asheville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Asheville, from live MLS data.
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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated April 16, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.