240 Mitchelle Drive Hendersonville, NC $ 6,200,000
240 Mitchelle Drive
$ 6,200,000
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240 Mitchelle Drive

Hendersonville, NC, 28792
$ 6,200,000
Bedrooms-- Baths49.0 Sq 22,606

Monthly Estimate*

$ 42,822

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Commercial Property for sale in Hendersonville, NC

for $6,200,000 with 49 full baths. This 22,606 square foot building was built in 2002 on a lot size of 3.76.

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.

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Commercial Active

Price

$ 6,200,000

Full Bath

49

Property Type

Commercial

Taxes

$ 0

Style

Unimproved Commercial

Lot Size

3.76

Year Built

2002

Town/City

Hendersonville

County/Region

Henderson

MLS | Web ID

4321622

Features
General
Sewer Public Sewer
Heating Central Ductless
Cooling Central Air Ductless
Utilities Electricity Connected Fiber Optics Natural Gas Phone Connected Underground Power Lines Underground Utilities Wired Internet Available
Roof Architectural Shingle
Appliances Bar Fridge Dryer Ice Maker Propane Water Heater Washer
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Synthetic Stucco
Year Built 2002
Stories Count 2
Property Subtype Unimproved Commercial
Parcel Number 9579454533
Elevation 2000
Accessibility Two or More Access Exits Bath 60 Inch Turning Radius Bath Grab Bars Bath Low Mirrors Bath Raised Toilet Roll-In Shower Bath Roll-Under Sink Door Width 32 Inches or More Lever Door Handles Elevator En
Additional Parcels Description 9579457416
County Henderson
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial Development Multi-Family Subdevelopment
Building Features Elevator Receptions Room
Directions I-26 to Exit Hendersonville 49B Merg onto us-64 4 seasons blvd 0.4 miles LEFT at 1st onto Orrs Camp road (Starbucks) 50 feet Left onto Mitchell drive 0.4 miles to end of cul-de-sac you have arrived.
City Hendersonville
Senior Community Y/N N
Number Of Units Total 48
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 48
Additional Parcels Y/N Y
Lease Considered Y/N N
Standard Status Active
Construction Type Site Built
Restrictions Deed Other - See Remarks
Tax Assessed Value 2770200
Listing Terms Cash Conventional
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Interior
Flooring Carpet Laminate
Basement (Y/N) N
Window Features Insulated Window(s) Window Treatments
Total Baths 49
SqFt Garage 0
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Exterior
Lot Features Corner Lot Level Open Lot Paved Other - See Remarks
Water Source City
Inclusions Building Equipment Fixtures Land
Lot Size Area 3.76
Foundation Details Slab
Number of Buildings 1
Building Area Total 22606
Road Surface Type Paved
Road Frontage Type 4 Lane Highway Interstate 1 mile or Less Interstate Private Road
Other Equipment Network Ready
Road Responsibility Private Maintained Road
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Internal Only
Street Number 1 240
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* Excluded Features
List By
Looking Glass Realty, Saluda

Broker

Affordability Calculator

$42,822
Per Month
100%
0%
0%
Monthly Principal & Interest
$42,822
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$6,200,000 Listed Price

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240 Mitchelle Drive, Hendersonville, NC, 28792 is a Commercial Property for sale at $6,200,000 with 22,606 sqft and a lot size of 3.76. 240 Mitchelle Drive has 49.0 baths and was built in 2002. The property's zip code is 28792 which is in Hendersonville, NC