240 & 238 Mitchelle Drive

Hendersonville NC 28792

$8,000,000

Acres

Active - For Sale

MLS ID 4100738
298 Days on Market

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.

Exterior Features

Foundation Type

Slab

Lot Size

7.09 Acres

Roof Material

Shingle

This Listing is provided by Looking Glass Realty, Saluda. List Agent Email amywood@lookingglassrealty.com