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11 Market Street

Asheville NC 28801

11 Market Street image # 1
11 Market Street image # 1
11 Market Street image # 2
11 Market Street image # 3
11 Market Street image # 4

$10,000,000

0.52 Acres

Active - For Sale

MLS ID 3849830
718 Days on Market
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.

Exterior Features

Foundation Type

Other - See Remarks

Lot Size

0.52 Acres

Exterior Construction

Stone

Roof Material

Concrete, Rubber
This Listing is provided by G/M Property Group. List Agent Email jgold@gmproperty.com