11 N Market Street, Asheville, NC
$ 12,165,000
Property Attributes
  • ID#3849830
  • TypeCommercial
  • CountyBUNCOMBE
  • CityAsheville
  • AreaBuncombe County
  • Zip28801
  • StyleOffice
  • Price$ 12,165,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage52505
  • Lot Size0.52 Acres
Data Source:
Canopy MLS
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. Lange sold many different cars at 11 N. Market Street, including LaSalle, Cadillac, Oakland, Pontiac, Rausch-Lang Electric cars and Harley Davidson Motorcycles. 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.

Price History
5/9/2023 Listed $12,165,000

General Features

Accessibility Elevator
Car Hoasubjectto None
City Asheville
Complex Name None
Construction Materials Stone
Construction Type Site Built
Cooling Central Air
County Buncombe
Directions Located downtown Asheville, NC
Heating Central, Natural Gas
New Construction No
Possible Use Commercial, Other - See Remarks
Property SubType Office
Property Type Commercial Sale
Restrictions N/A
Roof Concrete, Rubber
Sewer Public Sewer
Standard Status Active
Street Name Market
Tax Assessed Value 3979100
Year Built 1931
Zoning CBD

Interior Features

Flooring Carpet, Concrete, Tile, Vinyl
Street Suffix Street

Exterior Features

Living Area 52505
Building Area Total 52505
Foundation Details Other - See Remarks
Inclusions Building, Land, Other
Lot Size Area 0.52
Lot Size Units Acres
Number of Buildings 1
Road Frontage Type City Street
Road Responsibility Publicly Maintained Road
Water Source City


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 28801

AVG $840K
AVG 75
Year Built
AVG 1947
AVG 80
Data Provided by Walkscore ® not using MLS data

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