1. North Carolina
  2. Asheville
  3. 11 N Market Street
$10,000,000

11 N Market Street, Asheville, NC 28801

  • 52,505 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon0.52acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $190/sqft
  • Property List Date Icon Listed 3 years ago

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.

Listing Status:
Active
Listing Office:
G/M Property Group : 828-281-4024
MLS ID:
3849830
  • Flooring: CarpetConcreteTileVinyl
  • A/C: Central Air
  • Heating: CentralNatural Gas

This listing courtesy of G/M Property Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

Isaac Dickson Elementary School

125 Hill St, Asheville, NC, 28801

Grades PK-5

0.76 miles away

M

Montford North Star Academy

90 Montford Ave, Asheville, NC, 28801

Grades 6-8

0.56 miles away

A

Asheville High School

419 McDowell St, Asheville, NC, 28803

Grades 9-12

1.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.