11 N Market Street
Asheville, NC 28801
52505 sqft | 0.52 acres | #3849830
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 Details
- FoundationOther - See Remarks
- Parcel Number9649-40-4880-00000
- RoofConcrete, Rubber
- Sewer InformationPublic Sewer
- CoolingCentral Air
- Cooling FeaturesCentral Air
- Original List Price$15,095,475
- Property TypePurchase
- CountyBuncombe
- Cost10000000
- MLS #3849830
- MLS #3849830
- Property SubtypeOffice
- Square Feet52505
- Acres0.52
- Year Built1931
- Utility SourceCity
- Days on Market (Cumulative)1113
- ZoningCBD
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2025-04-13 12:45:05. 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.
Last Updated:Â . Source: CANOPY
Listing Courtesy
Listing Agent: Jeremy Goldstein (#CARjego54828), Email: jgold@gmproperty.com
Listing Office: G/M Property Group (#CARNCM12700)
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