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11 N Market Street in Asheville, NC 28801

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Sq. Ft.: 52,505

Acreage: 0.52

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$15,095,475

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Community: Asheville in Buncombe County

Sq. Ft.: 52,505

Acreage: 0.52

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VWLF will commit to a longterm triple net lease of a newly constructed single- or multi-tenant building on the Langren Alley lot and of the Lawyers Walk lot, which will continue to provide client parking. While the new building is being designed, permitted and constructed, VWLF will lease back the entirety of its existing location at 11 N. Market Street on a triple net basis. This structure allows the purchaser to concurrently design and secure building permits to redevelop 11 N. Market Street while the building is fully leased to VWLF and cash flowing. Once VWLF occupies the new building, the short term leaseback of 11 N. Market Street will terminate and the purchaser can seamlessly commence redevelopment. 3 parcels/3 PINs.

Listed by G/M Property Group
Attribution: [email protected]

Original Listing Price: 15,095,475

MLS #: ‍3849830

Listing Status: Active

Days on Market: 292

This Property has Been Viewed 278 Times

Real Estate Review for 11 N Market Street

Based on information submitted to the MLS GRID as of 2023-02-01 at 1:45AM. 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.

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Directions: Located downtown Asheville, NC

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Property Features

Basement/Foundation: Slab

Year Built: 1931

Cooling: Central Air

Roof: Concrete,Rubber

Heating/Cooling: Central,Natural Gas

Floors: Carpet,Concrete,Tile,Vinyl

Docs On File: Aerial Photo,Brochure,Floor Plan,Survey

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