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238 and 240 Mitchelle Drive, Hendersonville, NC 28792 Be Determined.

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Summary

Welcome to 238 and 240 Mitchelle Drive. This prime commercial investment opportunity is poised for development in an ideally situated Opportunity Zone with optimal access to two major highways. Four parcels totaling 8.16 acres include 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. It is shovel-ready to take advantage of current and projected growth, including sewer, three-phase power line, gas line, and water line already in place. C-3 zoning allows for a variety of commercial opportunities. Only five minutes from historic downtown Hendersonville, this community attracts approximately 2 million tourists yearly and has grown its population by nearly 12% over the last five years. Schedule your showing today!

Property Features

Four Parcels

Successfully Operating Inn

Access From Two Major Highways

Five Minutes From Historic Downtown Hendersonville

Map View
Available

Listing Price: $8000000

Listing Details

MLS Number: #4100738

Year Built: 2002

Square Footage: 22,392 ft²

Acreage: 8.16 ac²

Zoning: C-3

County: Henderson, NC

City: Hendersonville

Buyer Agency Compensation: 4.0%

Listing Agent

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