Active

240 & 238 Mitchelle Drive

Hendersonville NC, 28792

$8,000,000


$357.27 per sqft

Active

49 Baths

22,392 sqft

Commercial

Built in 2002

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.

4100738

MLS ID

January 22, 2024

Listed

May 9, 2024

Updated

Map

240 & 238 Mitchelle Drive
Hendersonville NC, 28792

Interior Features

Total Stories

2


Total Bathrooms

49


Appliances

Bar Fridge


Floor Description

Carpet, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Ductless, Heat Pump


Heating

Yes


Heating Description

Ductless, Heat Pump

Exterior/Building Features

Lot Size

8.16 Acres


Lot Features

Corner Lot, Level, Open Lot, Paved, Other - See Remarks


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Days on Market

35


Garage

No


Parking

Parking Lot


Parking Total

54


View

No


County

Henderson


Water Source

City


Pool

No


Zoning

C-3


Buyer Agency Compensation

2%

Courtesy of Looking Glass Realty, Saluda with Amy Wood,
Listing Contact: [email protected] 
 
The data relating to real estate on this Web site derive in part from the  Canopy MLS, Inc IDX program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Based on information submitted to the MLS GRID as of 5/9/2024, 5:56 AM UTC. All data is obtained from various sources and may not have been verified by the 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. Offer of compensation is made only to participants of the MLS where the listing is filed.
 
©2024  Canopy MLS, Inc. All rights reserved. 
Powered byLuxury Presence