Retail at 39 Lexington Avenue N, Asheville
Retail at 39 Lexington Avenue N, Asheville, photo 2 of 10
Retail at 39 Lexington Avenue N, Asheville, photo 3 of 10
Retail at 39 Lexington Avenue N, Asheville, photo 4 of 10
Retail at 39 Lexington Avenue N, Asheville, photo 5 of 10
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Retail at 39 Lexington Avenue N, Asheville, photo 10 of 10
10 photos

$5,675,000

39 Lexington Avenue N
Asheville, NC 28801
Listed by Jay Lurie · Dewey Property Advisors
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1916

About this home

Fully Equipped Brewery / Restaurant Available NOW!!!!: 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.

Property details

MLS
Canopy MLS
MLS #
CAR4405310
Property type
Retail
Subdivision
N/A
Status
Active
Days on market
27
On market date
July 24, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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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.

Elementary
Isaac Dickson Elementary
0.64 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
407
Student:teacher ratio
14.0:1
District
Asheville City Schools
Middle
Asheville Middle
0.75 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
623
Student:teacher ratio
11.5:1
District
Asheville City Schools
High
Asheville High
1.6 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
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).

99
Highly walkable
out of 100
EPA National Walkability Index
19.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores13
Parks20
Schools19
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Asheville, from live MLS data.

On the market 27 days -- 95 fewer days than Asheville's current average of 122 days.
For reference, the median list price across 1,581 active listings in Asheville right now is $485,000.

Mortgage calculator

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Est. monthly payment
$34,326/mo
$1,135,000 down
$4,540,000 loan
Principal & interest$29,446
Property tax (est.)$4,729
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated August 20, 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.