Asheville, NC 28801,11 N Market ST
Asheville, NC 28801,11 N Market ST
Asheville, NC 28801,11 N Market ST
Asheville, NC 28801,11 N Market ST
Asheville, NC 28801,11 N Market ST
Asheville, NC 28801,11 N Market ST
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$ 10,000,000
Est. payment | /mo

52,505 SqFt


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$ 10,000,000
Est. payment | /mo
Save

52,505 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 52,505 sqft

Price per Sqft $190

MLS Listing ID 3849830

Year Built 1931

Lot Size 0.520 Acres

Acres 0.52

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.

Location

State NC

County Buncombe

Building/Complex Name None

Zoning CBD

Interior

Heating Central, Natural Gas

Cooling Central Air

Flooring Carpet, Concrete, Tile, Vinyl

Inclusions Building, Land, Other

Exterior

Roof Type Concrete,Rubber

Garage false

Building

Dwelling Type Site Built

Foundation Other - See Remarks

Sewer Public Sewer

Water City

Structure Type Stone

New Construction false

Others

Senior Community false

Acceptable Financing Lease Back

Listing Terms Lease Back

Special Listing Condition None

Listed by Jeremy Goldstein • G/M Property Group • jgold@gmproperty.com
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(828) 447-8846

chrisstclairrealtor@gmail.com

200 Rusted Plow Trl, Trenton, NC, 28585

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11 N Market ST