0 Beds

n/a Full bath

52,505 SqFt


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.

Property Details
Price $10,000,000
Lot Size Area 0.52
Lot Size Area Units Acres
Acres 0.52
Property Type Commercial
Sub type OfficeSpace
MLS Sub type Office
Stories 4
Year Built 1931
Roof Concrete, Rubber
Heating Central, Natural Gas
Foundation Other - See Remarks
Accessibility Elevator
Geographic Data
Directions Located downtown Asheville, NC
County Buncombe
Latitude 35.596237
Longitude -82.551182
Address Information
Address 11 N Market Street, Asheville, NC 28801
Postal Code 28801
City Asheville
State NC
Country United States
Listing Information
Listing Office G/M Property Group
Listing Office Phone 828-281-4024
Listing Agent Jeremy Goldstein
Listing Agent Phone 828-281-4024
Sub Agency Compensation Type $
Buyer Agency Compensation 1.5
Attribution Contact jgold@gmproperty.com
Sub Agency Compensation 0
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions None
Terms Lease Back
MLS Information
Days on market 718
MLS Status Active
Listing Date Apr 14, 2022
Listing Last Modified Apr 15, 2024
Tax ID 9649-40-4880-00000
MLS # CAR3849830

Map View

This information is believed to be accurate, but without any warranty.