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Property Description

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.

Features
Public Sewer
Address Map
USA
NC
Buncombe
Asheville
28801
Market
11
Street
0
W83° 26' 55.7''
N35° 35' 46.5''
Sw
N
Located downtown Asheville, NC
Additional Information
0
9649-40-4880-00000
MLS Information
G/M Property Group
CARNCM12700
Jeremy Goldstein
CARjego54828
CARjome54844
828-281-4024

Commercial Sale For Sale

11 Market Street, Asheville, North Carolina 28801

0 Bedrooms
0 Bathrooms
52,505 Sqft
$10,000,000
Listing ID #CAR3849830
Basic Details
Parent : NONE
Property Type : Commercial Sale
Property SubType : Office
Listing Type : For Sale
Listing ID : CAR3849830
Price : $10,000,000
Bedrooms : 0
Bathrooms : 0
Full Bathrooms : 0
Half Bathrooms : 0
Square Footage : 52,505 Sqft
Year Built : 1931
Lot Area : 0.52 Acre
Lot Size SqFt : 22,651 Sqft
Status : Active
MLS Status : Active
Days On Market : 718
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Agent info
Butch Austin
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