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240 & 238 Mitchelle Drive, Hendersonville, NC 28792
$8,000,000
240 & 238 Mitchelle Drive, Hendersonville, NC 28792View this property at 240 & 238 Mitchelle Drive, Hendersonville, NC 28792
240 & 238 Mitchelle DriveHendersonvilleNC28792
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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.
Full Property Details
Full Property Details for 240 & 238 Mitchelle Dr
General
- Price: $8,000,000
- Status: Active
- Type: Commercial
- MLS ID: 4100738
- Updated: 1/22/2024
- Added to Site: 97 day(s) ago
Interior
- Appliances: Bar Fridge
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 49
Additional Information
- Equipment: Network Ready
Parking
- Parking Features: Parking Lot
Location
- County: Henderson
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ductless, Heat Pump
- Heating Type: Ductless, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected, Fiber Optics, Gas, Phone Connected, Underground Power Lines, Underground Utilities, Wired Internet Available
Structural Information
- # Buildings: 1
- Construction: Site Built
- Roof: Shingle
- Drive-In Doors: 1
- Square Feet: 22,392
- Minimum Avail: 22,392 Sq. Ft.
- Year Built: 2002
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 2000
- Lot Features: Corner Lot, Level, Open Lot, Paved, Other - See Remarks
- Rcmdd Zoning: C-3
Financial Considerations
- Special Assmt Amt.: none
- Terms: Assumable, Cash, Conventional
Disclosures and Reports
- Restrictions: Other - See Remarks
- Inclusions: Building, Equipment, Fixtures, Land
- Property ID: 9965940
- Plat: 2001/3787
- Lot Number: 1016/294 4079/191
Listed by Looking Glass Realty, Saluda
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Schools
Schools serving 240 & 238 Mitchelle Dr
School District:Henderson County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2270 Sugarloaf Rd, Hendersonvlle, NC 28792 | K-5 | 2.1 mi | |
191 Preston Ln, E Flat Rock, NC 28726 | 6-8 | 4.7 mi | |
150 Eagle Pride Dr, E Flat Rock, NC 28726 | 9-12 | 3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 240 & 238 Mitchelle Dr
Date
Details
Price
Change
Source
1/22/2024
Listed
$8,000,000
900%
MLS
8/21/2023
Sold
$800,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 240 & 238 Mitchelle Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
$5,754
—
$532,300
—
2021
$5,754
3%
$532,300
-72%
2020
$5,594
-72%
$1,934,100
—
2019
$20,327
239%
$1,934,100
82%
2016
$6,005
10%
$1,062,900
—
2014
$5,459
—
$1,062,900
—
2013
$5,459
—
$1,062,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 240 & 238 Mitchelle Dr
240 & 238 Mitchelle Drive, Hendersonville, NC 28792 (MLS# 4100738) is a Commercial property. 240 & 238 Mitchelle Drive is currently listed for $8,000,000 and was received on January 22, 2024. Want to learn more about 240 & 238 Mitchelle Drive? Do you have questions about finding other Commercial real estate for sale in Hendersonville? You can browse all Hendersonville real estate or contact a Coldwell Banker agent to request more information.