About 240 & 238 Mitchelle Drive
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.
Features of 240 & 238 Mitchelle Drive
| MLS® # | 4100738 |
|---|---|
| Price | $8,000,000 |
| Bathrooms | 0.00 |
| Acres | 7.09 |
| Year Built | 2002 |
| Type | Commercial Sale |
| Sub-Type | Unimproved Commercial |
| Status | Active |
Community Information
| Address | 240 & 238 Mitchelle Drive |
|---|---|
| City | Hendersonville |
| County | Henderson |
| State | NC |
| Zip Code | 28792 |
Amenities
| Utilities | Electricity Connected, Fiber Optics, Gas, Phone Connected, Underground Power Lines, Underground Utilities, Wired Internet Available |
|---|---|
| Parking Spaces | 54 |
| Garages | Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Bar Fridge |
|---|---|
| Heating | Ductless, Heat Pump |
| Cooling | Ductless, Heat Pump |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Corner Lot, Level, Open Lot, Paved, Other - See Remarks |
|---|---|
| Roof | Shingle |
Additional Information
| Date Listed | January 22nd, 2024 |
|---|---|
| Zoning | C-3 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Looking Glass Realty, Saluda |
|---|