Active
11 N Market Street
Asheville NC, 28801
$10,000,000
$190.46 per sqft
Active
52,505 sqft
Commercial
Built in 1931
Downtown Asheville, NC Redevelopment Opportunity. 11 N. Market St has been home to the Van Winkle Law Firm since 1987 following a certified historic tax credit rehabilitation. It was constructed as the Western Carolina Automobile Company by John Lange, who also developed the Langren Hotel in downtown Asheville and the Glen Rock Hotel in the River Arts District. Due to the scarcity of comparable downtown Asheville parcels available at any given point in time, there is a generational opportunity to redevelop this office building with a long, rich history along with two ideally located corner parcels. 3 parcels. 52,505 sf building to redevelop, 2 additional parcels each 0.14 acres. Located in small hotel overlay district <35 rooms. 145' height limit on 11 N. Market & 1 parcel. Other parcel 265' height limit. Desirable CBD zoning. Seller will consider a leaseback post closing as well as seller financing.
3849830
MLSⓇ ID
April 14, 2022
Listed
October 2, 2024
Updated
Map
11 N Market Street
Asheville NC, 28801
Interior Features
Total Stories
4
Floor Description
Carpet, Concrete, Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Natural Gas
Exterior/Building Features
Lot Size
0.52 Acres
Roof
Concrete, Rubber
Sewer
Public Sewer
Other Property Details
Days on Market
718
Garage
No
View
No
County
Buncombe
Water Source
City
Pool
No
Zoning
CBD
Listing History
Date | Event | Price |
|---|---|---|
4/15/2024 | Price change | $10,000,000 -18% |
5/12/2023 | Price change | $12,165,000 -20% |
Courtesy of G/M Property Group with Jeremy Goldstein, John Menkes
Listing Contact: [email protected]
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