157 S. Lexington Avenue

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.Downtown Asheville Investment | 7.21% Cap Rate | $1,195,000 Premier office investment in Asheville’s South Slope, fully leased with in-place income and a 7.21% cap rate at $1,195,000 ($256/SF). Ideal for investors or owner-users: Suite D (936 RSF) is leased short-term and will vacate upon execution of a new lease. Offered for lease at $27.50/SF ($2,145/month). The property totals 4,663 RSF across 8 suites with Class A finishes, hardwood floors, large windows, shared restrooms, kitchen/break area, and patio access in select units. Strong tenant mix and prime location steps from breweries, restaurants, and downtown amenities.Office Space for Lease – South Slope / Downtown Asheville Now offered at a reduced rate of $27.50/SF ($2,145/month), Suite D at 157 S. Lexington Avenue is a 936 RSF Class A office suite in one of Asheville’s most walkable, vibrant districts. Features include hardwood floors, natural light, shared restrooms, kitchen/breakroom, and a common hallway. Located in the heart of South Slope, this space is ideal for professional, creative, or wellness users looking for a polished presence near breweries, restaurants, and downtown amenities. Note: The property is currently for sale. Suite D is leased short-term, and the tenant will vacate upon execution of a new lease.