Property Details - 11 N Market Street, Asheville 28801
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County Subdivision
Buncombe
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MLS # Price BR BA Sqft Acres Year Built $/Finished Sqft
3849830 $15,095,475 52,505 0.52 1931 $287.00

Area Statistics (All listings < 5 mile)
# Avg Price Min Price Max Price Avg Sqft Avg Acres $/Finished Sqft
176 $802,855 $19 $15,095,475 3,348 0.17 $420.03

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.

Type Description
BasementSlab
Business TypeCommercial
CoolingCentral Air
Docs On FileAerial Photo, Brochure, Floor Plan, Survey
Floors4
FoundationSlab
HeatingCentral, Natural Gas
RoofConcrete, Rubber
StreetStreet
UtilitiesCity Sewer, City Water
Listing provided by: G/M Property Group     


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