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11 N Market Street, Asheville, NC 28801
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$10,000,000
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Home Details for 11 N Market Street
Price
$10,000,000
Type
Commercial/Industrial
Year Build
1931
Sq. Ft.
52505
Lot Size
0.52
County
Buncombe
MLS®️ Listing#
3849830
On exitrealty.com
976 days
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.
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Listing courtesy: G/M Property Group - 828-281-4024
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