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$5,675,000
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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 N Lexington Ave
General
- Price: $5,675,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4294933
- Updated: 1/15/2026
- Added to Site: 223 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
- Plat: 0000/0000
- Lot Number: 6286/1660
Listed by The Real Estate Center
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Schools
Schools serving 39 N Lexington Ave
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
Date
Details
Price
Change
Source
8/24/2025
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 N Lexington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,753
18%
$316,400
—
2023
$3,187
1%
$316,400
—
2022
$3,155
—
$316,400
—
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
39 N Lexington Avenue, Asheville, NC 28801 (MLS# 4294933) is a Commercial property. 39 N Lexington Avenue is currently listed for $5,675,000 and was received on August 24, 2025. Want to learn more about 39 N Lexington Avenue? 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.

