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$8,000,000
35 Days Online

240 & 238 Mitchelle Drive
Hendersonville, NC 28792

For Sale|Unimproved Land|Active
0
Beds
49
Full Baths
0
Partial Baths
22,392
SqFt
$357
/SqFt
2002
Built
County:
Henderson
240 & 238 Mitchelle Drive240 & 238 Mitchelle Drive240 & 238 Mitchelle Drive240 & 238 Mitchelle Drive
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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.

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Listing Snapshot
Price 
$8,000,000
Days Online 
35 Days
Bedrooms 
N/A
Inside Area (SqFt) 
22,392 sqft
Total Baths 
49
Full Baths 
49
Partial Baths 
N/A
Lot Size 
8.16 Acres
Year Built 
2002
MLS® Number 
4100738
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen online
9 months agoListing updated with changes from the MLS®
General Features
Additional Property Use 
CommercialDevelopmentMulti-FamilySubdevelopment
Foundation 
Slab
Parking 
Parking Lot
Parking Spaces 
54
Property Sub Type 
Unimproved Land
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
22392
Utilities 
Natural Gas AvailableElectricity ConnectedPhone ConnectedUnderground Utilities
Zoning 
C-3
Interior Features
Appliances 
Bar Fridge
Cooling 
DuctlessHeat Pump
Flooring 
CarpetLaminate
Heating 
DuctlessHeat Pump
Interior 
Elevator
Window Features 
Window Coverings
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Exterior Features
Lot Features 
Corner LotLevelOpen LotPaved
Road Frontage 
InterstatePrivate RoadHighway
Roof 
Shingle
Windows/Doors 
Window Coverings
Community Features
Accessibility Features 
Accessible Full BathAccessible DoorsAccessible Elevator InstalledAccessible Entrance
Financing Terms Available 
AssumableCashConventional
Roads 
Paved
Listing courtesy of Looking Glass Realty, Saluda


Listings courtesy of Canopy MLS as distributed by MLS GRID

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Data last update - 2024-10-09 09:30 PM UTC

Neighborhood & Commute
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