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11 N Market Street, Asheville, NC 28801

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Listing Type
Commercial/Industrial
Listing Status
active
7
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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
1219 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.
Property Features
Listing Courtesy: G/M Property Group - jgold@gmproperty.com
mls_icon Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-04-17 13:59:26
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Market statistics compiled from data from Carolina MLS (Charlotte).
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EXIT REALTY EXPERTS
318 N Suite 7 Main Street, Hendersonville, NC 28792
1
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$10,000,000

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EXIT REALTY EXPERTS
318 N Suite 7 Main Street, Hendersonville, NC 28792
1
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