Active

240 & 238 Mitchelle Drive

Hendersonville NC, 28792

$8,000,000


$357.27 per sqft

Active

49 Baths

22,392 sqft

Commercial

Built in 2002

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.

4100738

MLS ID

January 22, 2024

Listed

December 19, 2024

Updated

Map

240 & 238 Mitchelle Drive
Hendersonville NC, 28792

Interior Features

Total Stories

2


Total Bathrooms

49


Appliances

Bar Fridge


Floor Description

Carpet, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Ductless, Heat Pump


Heating

Yes


Heating Description

Ductless, Heat Pump

Exterior/Building Features

Lot Size

7.09 Acres


Lot Features

Corner Lot, Level, Open Lot, Paved, Other - See Remarks


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Days on Market

332


Garage

No


Parking

Parking Lot


Parking Total

54


View

No


County

Henderson


Water Source

City


Pool

No


Zoning

C-3

Courtesy of Looking Glass Realty, Saluda with Amy Wood,
Listing Contact: [email protected] 

 

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