11 Market Street
11 Market Street
Asheville, NC 28801
$10,000,000
- Lot Size: 0.52 Acres
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.
Property Summary
| Property Type: | Commercial Sale | Property Subtype : | Office |
| Year Built : | 1931 | Construction Type : | Site Built |
| Lot Size : | 0.52 Acres | Living Area : | 52,505 sqft |
More Information
- Construction : Stone
- Roof : Concrete, Rubber
- Heating : Central, Natural Gas
- Cooling : Central Air
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Lease Back
- Possible Use : Commercial, Other - See Remarks
Based on information submitted to the MLS GRID as of 02-22-2025 07:22:03 UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.