0 Beds
49 Baths
n/a SqFt
Active
Prime commercial investment opportunity poised for development in ideally situated Opportunity Zone with optimal access to 2 major highways. 4 parcels totaling 8.16 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.
Property Details | ||
|---|---|---|
| Price | $8,000,000 | |
| Total Baths | 49 | |
| Lot Size Area | 8.16 | |
| Lot Size Area Units | Acres | |
| Property Type | Commercial | |
| MLS Sub type | Unimproved Commercial | |
| Stories | 2 | |
| Year Built | 2002 | |
| Roof | Shingle | |
| Heating | Ductless, Heat Pump | |
| Foundation | Slab | |
| Accessibility | Two or More Access Exits, Bath 60 Inch Turning Radius, Bath Grab Bars, Bath Low Mirrors, Bath Raised Toilet, Roll-In Shower, Bath Roll-Under Sink, Door Width 32 Inches or More, Lever Door Handles, Elevator, Entry Slope less than 1 foot, Exterior Curb Cuts, Hall Width 36 Inches or More, Handicap Parking, No Interior Steps | |
| Lot Description | Corner Lot, Level, Open Lot, Paved, Other - See Remarks | |
| Parking Description | Parking Lot | |
| Parking Spaces | 54 | |
Geographic Data | ||
| County | Henderson | |
| Latitude | 35.33766 | |
| Longitude | -82.439343 | |
Address Information | ||
| Address | 240 & 238 Mitchelle Drive, Hendersonville, NC 28792 | |
| Postal Code | 28792 | |
| City | Hendersonville | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Looking Glass Realty, Saluda | |
| Listing Office Phone | 828-749-4663 | |
| Listing Agent | Amy Wood | |
| Listing Agent Phone | 828-713-2227 | |
| Sub Agency Compensation Type | $ | |
| Buyer Agency Compensation | 2 | |
| Attribution Contact | amywood@lookingglassrealty.com | |
| Sub Agency Compensation | 0 | |
| Buyer Agency Compensation Type | % | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
| Terms | Assumable, Cash, Conventional | |
MLS Information | ||
| Days on market | 35 | |
| MLS Status | Active | |
| Listing Date | Jan 22, 2024 | |
| Listing Last Modified | Feb 26, 2024 | |
| Tax ID | 9965940 | |
| MLS # | CAR4100738 | |
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This information is believed to be accurate, but without any warranty.
