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$1,300,000
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Property Description
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.
Full Property Details
Full Property Details for 111 Broadway St #1
General
- Price: $1,300,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4242585
- Updated: 12/24/2025
- Added to Site: 285 day(s) ago
Interior
- Flooring: Concrete, Tile, Wood
Location
- County: Buncombe
- Driving Directions: Take Exit 5A of Interstate 240 and go left to on to Broadway, turn Right on to Woodfin Street and then turn right on N. Lexington Ave. Please GPS to 116 N. Lexington Ave.
- City Limits: Yes
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Full, Brick Partial, Wood
- Minimum Avail: 3,225 Sq. Ft.
- Year Built: 1919
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 2500
- Rcmdd Zoning: CBD
Disclosures and Reports
- Restrictions: Use
- Inclusions: Building, Equipment, Fixtures, Land
- Property ID: 964931777700000
- Lot Number: 5073/-0046
Listed by Realty ONE Group Pivot Asheville
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Schools
Schools serving 111 Broadway St #1
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 0.6 mi |
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 0.6 mi |
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.8 mi |
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801 | 6-8 | 0.9 mi |
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.8 mi |
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806 | K-5 | 2 mi |
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804 | K-5 | 2.1 mi |
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 Broadway St #1
Date
Details
Price
Change
Source
4/08/2025
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 Broadway St #1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,186
18%
$521,500
—
2023
$5,253
1%
$521,500
—
2022
$5,200
—
$521,500
—
2021
$5,200
18%
$521,500
28%
2020
$4,406
—
$408,800
—
2019
$4,406
—
$408,800
—
2018
$4,406
-1%
$408,800
—
2017
$4,447
36%
$408,800
54%
2015
$3,261
1%
$265,300
—
2014
$3,221
—
$265,300
—
2013
$3,221
—
$265,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 Broadway St #1
111 Broadway Street #1, Asheville, NC 28801 (MLS# 4242585) is a Commercial property. 111 Broadway Street #1 is currently listed for $1,300,000 and was received on April 08, 2025. Want to learn more about 111 Broadway Street #1? Do you have questions about finding other Commercial real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

