240 Mitchelle Drive, Hendersonville, NC 28792

$6,200,000
49
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$6,200,000
MLS#
4321622
Status
ACTIVE
Property Type
Commercial Sale
Year Built
2002
Days on Market
258
Bathrooms
49
Lot Size
163,785
Lot Size Area
3.76
County
Henderson

Property Description

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.

Additional Information

Floor Coverings
Carpet, Laminate
Equipment
Bar Fridge, Dryer, Ice Maker, Propane Water Heater, Washer
Foundation
Slab
Heating
Central, Ductless
Water
City
Sewer
Public Sewer
Exterior Construction
Synthetic Stucco
Roof
Architectural Shingle
Driveway
Paved
Lot Description
Corner Lot, Level, Open Lot, Paved, Other - See Remarks
Special Conditions
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Looking Glass Realty, Saluda. amywood@lookingglassrealty.com

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”