Renovated residence situated in the former T.S. Morrison and Co. building sells for $1.625 million

ASHEVILLE, N.C.(August 6, 2019) — A stunning urban loft has sold for $1.625 million, the highest-priced condominium to sell in downtown Asheville during the last 12 months. Located at 23 Rankin Avenue #31, the residence was listed and sold by Janet Whitworth of Premier Sotheby’s International Realty’s Asheville office.

Originally home to T.S. Morrison and Co., regarded as Asheville’s oldest store, the historic brick building was completely renovated in 2010. The luxurious residence maintains a rustic character throughout, including original brick interior walls, hemlock floors, custom wrought iron railings and dramatic use of the original wood beams. An open floor plan flows into the chef’s kitchen complemented by handcrafted hood, poured concrete sinks and countertops, as well as generous custom cabinetry. The master suite is designed with spacious custom closet/changing areas, spa-like bath with walk-in shower and sauna. 

Ideally situated in downtown Asheville, the home is just steps from the area’s best dining, music, art and craft beer scene.

QUOTE:

“Not only was this the highest-price condo sale in 12 months, it was also a rare opportunity to own a piece of Asheville’s rich history. Additionally, the record price demonstrates the strength of the downtown market and the demand for condominiums in a highly desirable location.” 

— Janet Whitworth, Premier Sotheby’s International Realty 

About Premier Sotheby’s International Realty

Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,000 associates and employees in 40 locations throughout Florida and North Carolina. Premier Sotheby's International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. For more information, visit premiersothebysrealty.com.

###