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$55,637
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Property Description
Premier office in Downtown Asheville offers user/investor ability to enjoy versatility leasing or using for business. Class A: Hardwood, windows, and abundant light. Suites feature access to patio spaces. Walkable to all amenities of Downtown/South Slope. 7 suites = 4,663 RSF: Suite A = 367 RSF (leased); $850/month Suite B1 = 479 RSF (leased); $1,200/month Suite B2 = 402 RSF (leased); $800/month Suite C = 523 RSF (vacant); $1,264/month (for lease) Suite D = 936 RSF (vacant); $2,262/month (for lease) Suite E = 657 RSF (vacant); $1,500/month (for lease) Suite F = 939 RSF (leased); $2,300/month Suite G = 630 RSF (vacant); $900/month (for lease) Suites C, D, and E combine into 2,116 RSF suite. That option is vacant, offered at a rate of $5,025/month. All leases full-service. Suites have access to 2 common bathrooms. Kitchen/breakroom shared. 4 parking spaces in lower garage. Property offers opportunity for investors seeking stable returns/room for growth.
Full Property Details
Full Property Details for 157 S Lexington Ave #E
General
- Sold For: $55,637
- Status: Closed
- Type: Commercial Lease
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4213382
- Added to Site: 403 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Location
- County: Buncombe
- Driving Directions: Directions: From Pack Square (center of Downtown Asheville), head South on Biltmore Avenue (US HWY 25). After 0.3 miles, turn right onto Hilliard Street (past the Orange Peel). Proceed one block to S. Lexington Avenue, and turn left at the traffic light. The property will be on right.
- City Limits: Yes
Structural Information
- # Buildings: 1
- Square Feet: 657
- Min Required: 27 Sq. Ft.
- Minimum Avail: 657 Sq. Ft.
- Year Built: 2007
Lot Features
- Street/Road Desc.: Paved
- Rcmdd Zoning: CBD
Disclosures and Reports
- Restrictions: No Restrictions
- Property ID: 9648-48-1742-C0104
- Lot Number: 5336-1764
Listed by Whitney Commercial Real Estate
Sold by Ellington Realty Group
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Schools
Schools serving 157 S Lexington Ave #E
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.2 mi |
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 1.2 mi |
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 1.2 mi |
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801 | 6-8 | 0.5 mi |
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.2 mi |
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806 | K-5 | 1.6 mi |
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804 | K-5 | 2.7 mi |
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 2.9 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 157 S Lexington Ave #E
Date
Details
Price
Change
Source
1/24/2025
Sold
$55,637
3609.13%
MLS
1/13/2025
Listed
$1,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
157 S Lexington Avenue #E, Asheville, NC 28801 (MLS# 4213382) is a Commercial Lease property that was sold at $55,637 on January 24, 2025. Want to learn more about 157 S Lexington Avenue #E? Do you have questions about finding other Commercial Lease real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

