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Federal 30-year interest rate: 6.94% last updated on 2024-05-23

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11 N Market Street Asheville NC 2880111 N Market Street Asheville NC 2880111 N Market Street Asheville NC 2880111 N Market Street Asheville NC 2880111 N Market Street Asheville NC 2880111 N Market Street Asheville NC 2880111 N Market Street Asheville NC 28801
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  • 52,505Square Feet
  • 0.52Acreage
  • 1931Year Built
  • ActiveMLS Status
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.
Listed by Jeremy Goldstein of G/M Property Group (jgold@gmproperty.com)

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Basic Information

  • ForeclosureN
  • List Price$10,000,000
  • MLS NumberCAR3849830
  • MLS StatusActive
  • Property SubTypeOFFICE

Property

  • Acreage0.52
  • Parking Spaces
  • Water Source City
  • ZoningCBD

Tax Information

  • Taxes$3,979,100

Building

  • Foundation Details Other - See Remarks
  • Square Feet52,505
  • Year Built1931

Interior

  • Flooring Carpet, Concrete, Tile, Vinyl

Utilities

  • Cooling Central Air
  • Heating Central, Natural Gas
  • Sewer Public Sewer

Other

  • View Count62

Location

  • Building Number11
  • CountyBuncombe
  • Directions Located downtown Asheville, NC
  • StateNC
  • StreetN Market Street
  • Zip28801

Exterior

  • Roof Concrete, Rubber

Property Information

  • Construction Materials Stone
  • Inclusions Building, Land, Other
  • Number Of Buildings 1

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

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