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157 S Lexington Avenue
Asheville, NC 28801

$1,125,000

🔨 Built in 2007
🌳 0.92 Acres Lot
🚫 No HOA

About this home

Downtown Asheville Investment | 7.7% Cap Rate | $1,125,000 Premier office investment in Asheville’s South Slope, fully leased with in-place income and a 7.7% cap rate at $1,125,000 ($241/SF). Ideal for investors or owner-users: Suite D (936 RSF) is leased short-term and will vacate upon execution of a new lease. Offered for lease at $27.50/SF ($2,145/month). The property totals 4,663 RSF across 8 suites with Class A finishes, hardwood floors, large windows, shared restrooms, kitchen/break area, and patio access in select units. Strong tenant mix and prime location steps from breweries, restaurants, and downtown amenities.

Outdoor

Road & Access

  • Road Surface: Paved · Publicly Maintained Road

Schools

Elementary School -

Middle School

High School

No HOA information available

Contact Agent

Contact Agent

Puma Realty Expert

Listed by James Harrison

Whitney Commercial Real Estate

828-665-9085

Last updated: November 04, 2025 15:33

157 S Lexington Avenue

Contact Agent

Contact Agent

Puma Realty Expert