Properties

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
: Central, Natural Gas
: Central Air
: Vinyl, Carpet, Tile, Concrete
: Public Sewer
Address Map
US
NC
Buncombe
Asheville
28801
Market
11
Street
W83° 26' 55.7''
N35° 35' 46.5''
Located downtown Asheville, NC
N
CBD
MLS Addon
G/M Property Group
Jeremy Goldstein
$0
$0
$0
Additional Information
: Elevator
52505
: Stone
: Other - See Remarks
Commercial,Other - See Remarks
12165000
4
: City
Listing Information
John Menkes
jome54844
NCM12700
G/M Property Group
jego54828
NCM12700
Lease Back
Active
2025-04-13T12:45:05Z
Canopy
: None
2023-05-09T23:45:15Z

Commercial Sale For Sale

11 N Market Street, Asheville, North Carolina 28801

52,505
$10,000,000
Listing ID #3849830
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 3849830
Price : $10,000,000
Square Footage : 52,505
Year Built : 1931
Lot Area : 0.52 Acre
Status : Active
Property Sub Type : Office
Roof : Concrete, Rubber
Agent info
Contact Agent