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.
Mls | 4100738 |
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Listing Type | For Sale |
Style | Commercial |
Subtype | Resale |
Status | Active |
Year | 2002 |
Days On Site | 316 |
Listing Provided By | Looking Glass Realty, Saluda | Amy Wood |
Baths | 49 |
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Sq Feet | 22,392 |
Storys | 2 |
Units | 48 |
Buildings | 1 |
Zoning | C-3 |
Acreage | 7.09 |
State | NC |
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County | Henderson |
City | Hendersonville |
Zip Code | 28792 |
Area | Henderson |
Listing VS Median (in 28792) | |
Price: $8,000,000 low | high Med: $434,000 SqFt: 22,392 low | high Med: 1,515 $ / SqFt: $357 low | high Med: $286 On Site: 316 low | high Med: 25.000000 |