157 S. Lexington Avenue

For Lease

157 S Lexington Avenue, Asheville, NC 28801

The total number of office spaces available at 157 S. Lexington Avenue is 1. Leasing opportunities in the building include shared space. There is a total of 936 square feet of space currently available for rent at this address. Of this, the minimum divisible area is 936 square feet.

Space Available For Lease 1

Contacts

broker
James Harrison, CCIM

Whitney Commercial Real Estate Services

Property Details

  • Property Type Office - General Office
  • Property Size 4,663 SF
  • Units 7
  • Lot Size 0.92 Acre
  • Parking Spaces Avail. 4
  • Building Class A
  • Year Built 2007
  • Year Renovated 2007
  • Date Updated May 6, 2025
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.
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Highlights

  • Class A finishes throughout
  • Flexible layout options
  • Four parking spaces
  • Prime Downtown Asheville location
  • Strong investment potential
  • Tenants in place

Getting around

  • 88/100

    Walk Score ®

  • 54/100

    Transit Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Asheville, NC
  • Neighborhood Downtown Asheville
  • Zip Code 28801
  • Market Asheville

Points of Interest

  • Greenlots

    0.18 miles

  • Citgo

    0.19 miles

  • Shell

    0.72 miles

  • Exxon

    1.00 miles

  • Gas Express

    1.08 miles

  • Enmark

    1.10 miles

  • Sam's Club

    1.60 miles

  • BJ's Food Mart

    1.76 miles

  • Tesla Supercharger

    5.03 miles

  • EVgo

    7.35 miles

  • Biltmore Avenue Parking Garage

    0.15 miles

  • Ironwood Parking Garage

    0.23 miles

  • Sears Alley Public Parking Deck

    0.26 miles

  • Wall Street Garage

    0.38 miles

  • Rankin Avenue Garage

    0.38 miles

  • Civic Center Garage

    0.46 miles

  • Tempie Avery Montford Community Center Parking

    0.98 miles

  • Simpson Parking

    1.44 miles

  • Parking Garage

    1.94 miles

  • Aloft Asheville Downtown

    0.17 miles

  • The Foundry Hotel Asheville, Curio Collection by Hilton

    0.27 miles

  • The Restoration Asheville

    0.30 miles

  • Downtown Inn and Suites

    0.35 miles

  • Haywood Park Hotel and Atrium

    0.38 miles

  • AC Hotel by Marriott Asheville Downtown

    0.38 miles

  • Cambria Hotel Downtown Asheville

    0.42 miles

  • The Windsor Boutique Hotel

    0.43 miles

  • Renaissance Asheville Hotel

    0.52 miles

  • Embassy Suites by Hilton Asheville Downtown

    0.56 miles

  • French Broad Food Co-op

    0.14 miles

  • Mast General Store

    0.26 miles

  • Whole Foods Market

    0.81 miles

  • Trader Joe's

    0.89 miles

  • Harris Teeter

    0.93 miles

  • Big Lots

    1.01 miles

  • Ingles

    1.01 miles

  • Innsbruck Mall

    1.01 miles

  • Earth Fare

    1.32 miles

  • Dillard's

    1.51 miles

157 S Lexington Avenue Listing Brief

  • Leasing rates here can depend on a variety of factors, including the quality rating of the property (property class or building class), the position of the available space within the building, any unique attributes that the listed space may include, as well as on the availability of on-site or nearby amenities. Reach out using the contact form available on this page to schedule a tour or to get more detailed information on the most modern facilities and amenities that 157 S Lexington Avenue has to offer.

  • See the listing area details for information and ratings regarding the degree of walkability in the neighborhood, the accessibility and frequency of public transit options, as well as the level of availability and quality of biking infrastructure in the area. What’s more, you can use the interactive map for a good overview of the area. Location details also include a breakdown of distance from the property to several essential amenities and points of interest, which may include parking facilities, fuel stations, stores, or hotels.

  • This property is in the Downtown Asheville neighborhood of Asheville and located within zip code 28801.

    157 S Lexington Avenue was originally completed in 2007 and is rated class A. The building includes 4,663 square feet, of which 936 square feet is rentable office space. The most recent renovation completed at this address was in 2007.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
James Harrison, CCIM

Whitney Commercial Real Estate Services

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