For sale: Three-level downtown Asheville building now home to Loretta’s Cafe

Jason Sandford
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A three-level building in downtown Asheville at 109 Broadway/114 N. Lexington Avenue that’s now home to Loretta’s Cafe is up for sale. A Loretta’s spokeswoman said Monday afternoon that the business plans to remain open and in downtown. The restaurant is looking for about 1,200 square feet of space to move in to, she said.

Loretta’s Cafe opened as a lunch spot in a small space near the Kress Building on Patton Avenue in 1998. Loretta and her husband, David Pizzolato, had moved from Louisana to Asheville a few years earlier. Loretta’s soon became known for homemade bread and soup, as well as delicious sandwiches.  In 2008, the business moved to its current location, which fronts both Broadway and North Lexington. The property was formerly the home of Nova Restaurant.

The property is listed for sale by G/M Property Group for $1.599 million. The 6,939-square-foot building was renovated extensively before Loretta’s Cafe moved in.

 

 

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12 Comments

Elvis Presley Costello May 12, 2015 - 12:04 pm

We never walk down that way, only see it driving, bad spot. The other side of the block gets some foot traffic but not here.

luther blissett May 12, 2015 - 10:58 pm

It’s a location that ought to do better for retail/restaurants, but I’m not sure if it ever will unless there are big changes: the Broadway side is close to the I-240 exit, so people see it driving past, but there’s too much traffic, usually in a hurry, and no obvious parking (signed or visible) until Walnut. The Lexington side is better but not great.

murphy May 12, 2015 - 7:54 am

Maybe Loretta’s should move to the RAD…

in about 2 years (or so) it is going to be hopping down there…

the building (now for sale) will probably be turned into “luxury” condos…

NFB May 11, 2015 - 6:15 pm

Wait, wait. Let me guess.

A hotel!

Barry Summers May 12, 2015 - 5:21 pm

Thank the Gods!! It’s been at least a week since the last one was announced.

NFB May 13, 2015 - 1:10 pm

I know. We are way overdue.

Downtown Julie May 11, 2015 - 6:08 pm

Some really great parking here, excellent choice to move your already successful restaurant too.

luther blissett May 11, 2015 - 11:27 pm

Or not, given that the 28806 Deli people took their goodwill there (first as Scratch, then the name changed to Nova) and didn’t do so well. It’s a tricky location. It’s just at the point of downtown where it feels like a trek for visitors.

Harry May 12, 2015 - 4:56 am

I never understood the move either. They moved it away from their customer base. I’ve only been once to the new location. Just too inconvenient for me.

jtroop May 12, 2015 - 9:30 am

agreed…. it is a weird location

burnsey May 13, 2015 - 12:08 am

And a weird layout for a restaurant.

Ana May 13, 2015 - 1:34 pm

Loretta never owned the 27 Patton location. She had to move the business somewhere because the rent was raised a large amount every year.

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