Address
240 & 238 Mitchelle Drive, Hendersonville, NC
Price
$ 8,000,000
Property Attributes
- ID#4100738
- TypeCommercial
- CountyHENDERSON
- CityHendersonville
- AreaHenderson County
- Zip28792
- StyleUnimproved Commercial
- Price$ 8,000,000
- Bedrooms0
- Full Bathrooms49
- Half Bathrooms0
- Sqr Footage22392
- Lot Size8.16 Acres
Data Source:
Canopy MLS
Property Description
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.
| Price History | |
|---|---|
| 1/22/2024 | Listed $8,000,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Ductless,Heat Pump |
| Cooling | Ductless,Heat Pump |
| Utilities | Electricity Connected,Fiber Optics,Gas,Phone Connected,Underground Power Lines,Underground Utilities,Wired Internet Available |
| Roof | Shingle |
| Appliances | Bar Fridge |
| Zoning | C-3 |
| Year Built | 2002 |
| Property SubType | Unimproved Commercial |
| Elevation | 2000 |
| 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,En |
| Additional Parcels Description | 9965941,9965939,109582 |
| County | Henderson |
| New Construction | No |
| Property Type | Commercial Sale |
| Possible Use | Commercial,Development,Multi-Family,Subdevelopment |
| City | Hendersonville |
| Total Units | 48 |
| Number of Units Leased | 48 |
| Street Name | Mitchelle |
| Standard Status | Active |
| CAR_HOASubjectTo | None |
| Property Financing | On Request |
| Construction Type | Site Built |
| Restrictions | Other - See Remarks |
| Tax Assessed Value | 2770200 |
Interior Features
| Flooring | Carpet,Laminate |
|---|---|
| Street Suffix | Drive |
| Total Baths | 49 |
Exterior Features
| Parking Features | Parking Lot |
|---|---|
| Lot Features | Corner Lot,Level,Open Lot,Paved,Other - See Remarks |
| Water Source | City |
| Total Parking | 54 |
| Inclusions | Building,Equipment,Fixtures,Land |
| Lot Size Area | 8.16 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 22392 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Road Frontage Type | 4 Lane Highway,Interstate 1 mile or Less,Interstate,Private Road |
| Road Responsibility | Private Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 28792
Price
Visits
Year Built
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