240 Mitchelle Drive
Hendersonville, NC 28792
$8,000,000

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.

Basic Information
MLS#: 4100738
Price: $8,000,000
Acreage: 7.09
Lot Features: Corner Lot,Level,Open Lot,Paved,Other - See Remarks
Property Type: Unimproved Commercial
Year Built: 2002
Number of Units: 48
Details
Parking: Parking Lot
HVAC: Ductless,Heat Pump
Floors: Carpet,Laminate
Listing Courtesy Of: Looking Glass Realty, Saluda - amywood@lookingglassrealty.com