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%