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240 & 238 Mitchelle Drive

Hendersonville, NC 28792
  • $8,000,000
  • STATUS: Active
  • ON SITE: 263 Days
  • ID#: 4100738
UPDATED: 75 min ago
$8,000,000
  • 0
    BEDS
  • 8.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2002
County:

School Ratings & Info

Canopy MLS logo Offered by Looking Glass Realty, Saluda: 828-749-4663. Copyright 2024 Canopy MLS. All rights reserved.

Description

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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MLS Grid logo Based on information submitted to the MLS GRID as of 2024-10-12T09:33:32.243 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither MartinGroup Properties nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 Canopy MLS.

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
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240 & 238 Mitchelle Drive Hendersonville, NC 28792

  • Price: $8,000,000
  • Status: Active
  • On Site: 263 Days
  • Updated: 75 min ago
  • ID#: 4100738
0
Beds
0
Baths
0
½ Baths
8.16
Acres
2002
Built
County:
Henderson
Area:
Hendersonville
Property Description
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.
Exterior Features

Carport YN No Construction Type Site Built Foundation Details Slab Garage Square Footage 0 Lot Features Corner LotLevelOpen LotPavedOther - See Remarks Number Of Bays 0 Parking Features Parking Lot Parking Total 54 Road Frontage Type 4 Lane HighwayInterstate 1 mile or LessInterstatePrivate Road Road Responsibility Private Maintained Road Road Surface Type Paved Roof Shingle Window Features Insulated Window(s)Window Treatments

Interior Features

Additional Parcels Description 99659419965939109582 Appliances Bar Fridge Basement YN No Building Area Total 22392 Cooling DuctlessHeat Pump Flooring CarpetLaminate Heating DuctlessHeat Pump

Property Features

Accessibility Features Two or More Access ExitsBath 60 Inch Turning RadiusBath Grab BarsBath Low MirrorsBath Raised ToiletRoll-In ShowerBath Roll-Under SinkDoor Width 32 Inches or MoreLever Door HandlesElevatorEntry Slope less than 1 footExterior Curb CutsHall Width 36 Inches or MoreHandicap ParkingNo Interior Steps Auction YN No Building Features ElevatorReceptions Room CCRSubject To Yes City Taxes Paid To Hendersonville Commercial Location Description Freestanding Elevation 2000 Hoa Subject To None HOASubject To Dues No Inclusions BuildingEquipmentFixturesLand Inside City YN Yes Lease Considered YN No Listing Terms AssumableCashConventional New Construction YN No Number Of Docks Total 0 Number Of Drive In Doors Total 1 Number Of Units Leased 48 Possible Use CommercialDevelopmentMulti-FamilySubdevelopment Property Sub Type Unimproved Commercial Restrictions Other - See Remarks Restrictions Description In Deed Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions None Utilities Electricity ConnectedFiber OpticsGasPhone ConnectedUnderground Power LinesUnderground UtilitiesWired Internet Available Water Source City Zoning C-3



MLS Grid logo Based on information submitted to the MLS GRID as of 2024-10-12T09:33:32.243 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither MartinGroup Properties nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2024 Canopy MLS.

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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MartinGroup Properties
1323 Lafayette Avenue
Charlotte NC, 28203
Canopy MLS logo Offered by Looking Glass Realty, Saluda: 828-749-4663. Copyright 2024 Canopy MLS. All rights reserved.