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$1,800,000 Just Listed
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Property Description
39 N Lexington Ave, Unit 2 presents a rare opportunity to acquire a character-rich, flexible-use space in the heart of downtown Asheville. Currently operating as Sweet Peas Hostel, the property offers a unique layout with expansive common areas, multiple private rooms, and existing kitchen and full bath infrastructure already in place. Exposed brick, hardwood floors, and abundant natural light create an authentic environment well suited for creative office, boutique hospitality, live/work, or wellness-oriented concepts. Located in one of Asheville's most desirable and walkable corridors, the property offers a compelling opportunity for an owner-user or investor seeking a distinctive downtown asset.
Full Property Details
Full Property Details for 39 N Lexington Ave #2
General
- Price: $1,800,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4367843
- Updated: 4/9/2026
- Added to Site: 5 day(s) ago
Location
- County: Buncombe
- Driving Directions: Garage door accessed off Rankin Ave.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Minimum Avail: 3,714 Sq. Ft.
- Year Built: 1916
Lot Features
- Street/Road Desc.: Paved
- Rcmdd Zoning: CBD
Disclosures and Reports
- Special Conditions: Undisclosed
- Restrictions: No Representation
- Inclusions: Building
- Property ID: 9649-30-8769-C0002
- Lot Number: 6286/1658
Listed by NAI Allen Tate Beverly-Hanks Commercial
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Schools
Schools serving 39 N Lexington Ave #2
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 N Lexington Ave #2
Date
Details
Price
Change
Source
4/09/2026
Listed
$1,800,000
—
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 N Lexington Ave #2
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
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 N Lexington Ave #2
39 N Lexington Avenue #2, Asheville, NC 28801 (MLS# 4367843) is a Commercial property. 39 N Lexington Avenue #2 is currently listed for $1,800,000 and was received on April 09, 2026. Want to learn more about 39 N Lexington Avenue #2? 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.

