About 240 Mitchelle Drive
Prime commercial investment opportunity poised for development in ideally situated Opportunity Zone with optimal access to 2 major highways. Two parcels totaling 3.87 acres. One Parcel has the the 48-room Red Roof Inn, and parking lot. The other parcel is shovel ready. A larger building could be built on the 2+ acres on the interstate and then connected with a breezeway to the inn. Or the land could bea great location for a retail or restaurant with it high visibility. 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, water line and storm management 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 Mitchelle Drive
| MLS® # | 4321622 |
|---|---|
| Price | $6,200,000 |
| Bathrooms | 49 |
| Acres | 3.76 |
| Year Built | 2002 |
| Type | Commercial Sale |
| Sub-Type | Unimproved Commercial |
| Status | Active |
Community Information
| Address | 240 Mitchelle Drive |
|---|---|
| City | Hendersonville |
| County | Henderson |
| State | NC |
| Zip Code | 28792 |
Amenities
| Utilities | Electricity Connected, Fiber Optics, Natural Gas, Phone Connected, Underground Power Lines, Underground Utilities, Wired Internet Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Bar Fridge, Dryer, Ice Maker, Propane Water Heater, Washer |
|---|---|
| Heating | Central, Ductless |
| Cooling | Central Air, Ductless |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Corner Lot, Level, Open Lot, Paved, Other - See Remarks |
|---|---|
| Roof | Architectural Shingle |
| Construction | Synthetic Stucco |
Additional Information
| Date Listed | November 14th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Looking Glass Realty, Saluda |
|---|
