Asheville, NC Office Property For Sale

~20% PRICE REDUCTION APRIL 2024. 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 building with a long, rich history along with two ideally located corner parcels. 3 parcels. 52,505 sf office 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.

Introducing 60 Livingston Street, a medical office in the heart of Asheville's vibrant medical district. This property is a collection of four individual condo units, available for individual purchase or as a whole.

Suite 300 is 2,040 SF medical office space with 5 exam rooms, a waiting area, a reception area, and a second-floor administrative area. This unit is currently under a short-term lease.

This property is an ideal haven for medical and office professionals. Conveniently positioned just 4 minutes from Mission Hospital, with a parking ratio of five spaces per 1,000 square feet, and promising seamless ease for staff and enhanced accessibility for visitors.

Highlights:

4 individual medical condo units

5 per 1,000 sf parking ratios

Two vacant 5,931 sf medical office suites with first-floor entrances

Two leased condo units in a separate building

4 minute walk to Mission Hospital

• Incredible opportunity for a level, 2.34-acre infill development site or redevelopment of existing 2-story, +/-26,125 sqft gastroenterology & ambulatory surgery center built in 1991.

• Downtown Asheville, located in the “South Slope District” with its nationally recognized brewery and restaurant scene.

• Walking distance to McCormick Field (Asheville Tourists baseball) and Mission Hospital.

• Ideal for apartments, condos, retail, office and medical uses.

• 265’ height limit

** Hotel use is not permitted as of right**.

• Owner-occupied by Digestive Health Partners. Seller is relocating and may need to leaseback the Property for a short period, to be negotiated concurrent with the sale.

• Located in an Opportunity Zone.

See attached brochure.

2,358 SQFT turnkey medical office condo located within the prestigious Regional Medical Park anchored by Mission Health, Asheville Eye Associates, Advanced Dermatology & Skin Surgery, PML Pathology, Rockcliff Oral and Facial Surgery Center and Biltmore OBGYN. High-end interior finish, 10' ceilings, move-in ready. Superb access to major commercial arteries.

Only 4/10ths mile from I-40 Exit 51. Built 2006. Wet sprinkler. Street-level entrance. Unit 700 within Regional Medical Park Plaza Condominium. Owner-occupied by Mountain Regional Arthritis Center since 2007, to be delivered vacant at closing as owner is retiring.