Preferences
> 28801
> 11 Market Street

11 Market Street

Asheville, North Carolina, 28801, United States

Property ID: #1561363 // Commercial // Source Status: Active
11 Market Street
Image thumbnail
Image thumbnail
Image thumbnail
Image thumbnail
Image thumbnail
Image thumbnail
Image thumbnail
Traditional Sale
List Price:
$10,000,000.00
Icon 52,505 ft²
Icon 0.52 acres
Icon - beds
Icon - baths
Address:
11 Market Street
City:
Asheville
State:
North Carolina
Zip Code:
28801
County:
Buncombe
Country:
United States
Property Type:
Commercial
Additional Property Types:
Office
Year Built:
1931
Property Size:
52,505 ft²
Lot Size:
0.52 acres
Data Source:
Carolina MLS
MLS/Reference Number(s):
3849830
Source Status:
Active
Source Property Type:
Commercial, Office

Property Provided By

  • Jeremy Goldstein
  • G/M Property Group
  • +1 (828) 281-4024

Connect with local buyer agents who are willing to offer commission savings!

Property Information

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.

Directions

Located downtown Asheville, NC

Source Disclaimer

Carolina MLS

Listings courtesy of © 2024 Canopy MLS as distributed by MLS GRID
Courtesy of G/M Property Group.
Based on information submitted to the MLS GRID as of 2024-10-14 19:50:49. 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. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. "The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owners behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.


Other Properties in the Area