INNOVATE Real Estate
Office at Asheville
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$11,450,000

Asheville, NC 28801
Listed by Rusty Pulliam · Pulliam Properties, Inc
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1922

About this home

This downtown Asheville space consists of 6 parcels including the Former Bank Building at 11 Church St. This is a 3 level bank including a 1st Floor that is 8,725/sf, a 2nd Floor that is 8,725/sf and basement space that is 7,765/sf for a total of 25,215/sf building. With all 6 parcels, there is 0.78/ac directly in downtown Asheville. Some parcels that are strictly parking lots, one is a walkway, but all are included in this sale. Call the broker for parcel options, which are available for consideration. There is a drive-thru at the main location.

Property details

MLS #
CAR4215209
Property type
Office
Subdivision
N/A
Status
Active
Days on market
393
On market date
January 20, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
76
Lot size
N/A

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Isaac Dickson Elementary
0.64 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
407
Student:teacher ratio
14.0:1
District
Asheville City Schools
Middle
Asheville Middle
0.63 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
623
Student:teacher ratio
11.5:1
District
Asheville City Schools
High
Asheville High
1.46 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,135
Student:teacher ratio
13.2:1
District
Asheville City Schools

Walkability

Blended score for Asheville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

99
Highly walkable
out of 100
EPA National Walkability Index
19.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores13
Parks20
Schools19
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Asheville, from live MLS data.

On the market 393 days -- 266 more days than Asheville's current average of 127 days.
For reference, the median list price across 1,242 active listings in Asheville right now is $507,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$69,103/mo
$2,290,000 down
$9,160,000 loan
Principal & interest$59,412
Property tax (est.)$9,542
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.