$8,000,000
( $357.27Per Sq Foot )
 $45,423 forsale estimated payment Sourced by Back At You

240 & 238 Mitchelle Drive , Hendersonville, NC 28792

Hendersonville, NC 28792

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Description

Prime commercial investment opportunity poised for development in ideally situated Opportunity Zone with optimal access to 2 major highways. 4 parcels totaling 7.09 acres includes the successfully operating 48-room Red Roof Inn, available as part of the purchase or for residential conversion combined with a larger housing development on additional acreage. Situated in fast-growing Henderson County, NC between Asheville, NC and Greenville/Spartanburg, SC, this property is surrounded by large national retailers and is shovel ready to take advantage of current and projected growth, including sewer, 3-phase power line, gas line, and water line already in place.C-3 zoning allows for a variety of commercial opportunities. Just 5 minutes from historic downtown Hendersonville, this community attracts approximately 2 million tourists per year and has grown its population by nearly 12% over the last 5 years.

Details

Mls4100738
Listing TypeFor Sale
StyleCommercial
SubtypeResale
StatusActive
Year2002
Days On Site324
Listing Provided ByLooking Glass Realty, Saluda | Amy Wood

Features

Baths49
Sq Feet22,392
Storys2
Units48
Buildings1
ZoningC-3
Acreage7.09

Market Activity 28792

 Listings courtesy of Canopy Realtor® Association as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of December 3, 2024 at 3:10:52 PM PST 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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Learn More About This Property

StateNC
CountyHenderson
CityHendersonville
Zip Code28792
AreaHenderson
Listing VS Median (in 28792)
Price:
$8,000,000
low | high
Med:
$425,000
100% of Average
SqFt:
22,392
low | high
Med:
1,658
100% of Average
$ / SqFt:
$357
low | high
Med:
$256
78.252412545235% of Average
On Site:
324
low | high
Med:
56.000000
100% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 7:31:45 AM PST
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