Skip to content
39 N Lexington Avenue Apt 2, Asheville, NC. property listing photo
39 N Lexington Avenue Apt 2, Asheville, NC. property listing photo 1
1 / 32

$1,800,000

39 N Lexington Ave Apt 2, Asheville, NC 28801

0 bed · 0 bath

Active

0

bedrooms

N/A

baths

N/A

sq.ft.

N/A

price per sf

Property TypeCommercial Sale
Year Built1916

Presented by Citadel Cofield · Office (980) 272-8547

About This Property

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.

About the Neighborhood

Homes for sale in 28801 place buyers at the heart of Asheville's most celebrated and architecturally significant urban core, encompassing Downtown Asheville, the River Arts District, and the historic Montford neighborhood, one of the most intact collections of Victorian and Arts and Crafts architecture in the American Southeast. The residential landscape in Montford features exquisite Queen Anne, Colonial Revival, and Craftsman homes on tree-shaded streets within walking distance of Asheville's legendary Lexington Avenue arts corridor, the Grove Arcade, and a nationally recognized independent restaurant scene. The River Arts District along the French Broad River has transformed former industrial studios into one of the Southeast's most vibrant working artist communities, with dozens of galleries and creative businesses anchoring the zip code's southwestern edge. Mission Health's main hospital campus and a dense concentration of creative economy employers make 28801 a genuine live-work destination. The 28801 real estate market commands some of the highest valuations in Western North Carolina, driven by irreplaceable architectural inventory, walkability, and Asheville's sustained status as one of America's most visited mountain cities.

Property Features

Property Description

  • Year Built: 1916
  • New Construction: No
  • MLS #: 4367843

Association

  • HOA Required: Yes

Interior Features

  • Heating: Forced Air
  • Cooling: Central Air

Cooling

  • Central Air

Heating

  • Forced Air

Road

  • Road Responsibility: Publicly Maintained Road
  • Road Surface Type: Paved

Sewer

  • Public Sewer

WaterSource

  • City

Security Features

  • Fire Sprinkler System

Location

LISTING COURTESY OF: NAI ALLEN TATE BEVERLY-HANKS COMMERCIAL

cmansfield@naibeverly-hanks.com

MLS GRID

Listings courtesy of Canopy MLS as distributed by MLS GRID

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Allen Tate Beverly-Hanks Commercial

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$1,800,000 · 39 N Lexington Avenue Apt 2