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$5,675,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 39 Lexington Ave N
General
- Price: $5,675,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4405310
- Updated: 7/24/2026
- Added to Site: 6 day(s) ago
Interior
- Flooring: Concrete
Additional Information
- Equipment: Other - See Remarks
Location
- County: Buncombe
- Complex: 39 N. Lexington Ave Brewery Restaurant For Sale
- City Limits: Yes
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available, Electricity Connected, Natural Gas, Other - See Remarks
Structural Information
- # Buildings: 1
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Brick Full
- Roof: Flat
- Ceiling Height: 12
- Minimum Avail: 7,429 Sq. Ft.
- Year Built: 1916
Lot Features
- Street/Road Desc.: Paved
- Lot Features: Other - See Remarks
- Rcmdd Zoning: CBD
Financial Considerations
- Terms: Cash
Disclosures and Reports
- Restrictions: Other - See Remarks
- Inclusions: Building, Business, Equipment, Fixtures
- Property ID: 9649-30-8769-C0001
- Lot Number: 6286/1660
Listed by Dewey Property Advisors
Get Pre-Approved Today
Schools
Schools serving 39 Lexington Ave N
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 0.8 mi |
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 0.8 mi |
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.6 mi |
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801 | 6-8 | 0.8 mi |
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.6 mi |
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806 | K-5 | 1.9 mi |
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804 | K-5 | 2.3 mi |
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 39 Lexington Ave N
Date
Details
Price
Change
Source
7/24/2026
Listed
$5,675,000
—
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 39 Lexington Ave N
Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
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 39 Lexington Ave N
39 Lexington Avenue N, Asheville, NC 28801 (MLS# 4405310) is a Commercial property. 39 Lexington Avenue N is currently listed for $5,675,000 and was received on July 24, 2026. Want to learn more about 39 Lexington Avenue N? 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.

