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CBD Rug Mill Redevelopment Opportunity with 200 parking spaces

Listing was updated at: 06/03/2019
CBD Rug Mill Redevelopment Opportunity with 200 parking spaces CBD Rug Mill Redevelopment Opportunity with 200 parking spaces CBD Rug Mill Redevelopment Opportunity with 200 parking spaces CBD Rug Mill Redevelopment Opportunity with 200 parking spaces CBD Rug Mill Redevelopment Opportunity with 200 parking spaces CBD Rug Mill Redevelopment Opportunity with 200 parking spaces CBD Rug Mill Redevelopment Opportunity with 200 parking spaces CBD Rug Mill Redevelopment Opportunity with 200 parking spaces CBD Rug Mill Redevelopment Opportunity with 200 parking spaces CBD Rug Mill Redevelopment Opportunity with 200 parking spaces CBD Rug Mill Redevelopment Opportunity with 200 parking spaces CBD Rug Mill Redevelopment Opportunity with 200 parking spaces CBD Rug Mill Redevelopment Opportunity with 200 parking spaces CBD Rug Mill Redevelopment Opportunity with 200 parking spaces

Property Overview

Price/Rent PSF $ 2,900,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 54,874
Date Available 01/10/2019
Additional URL Link
Parking 200
Floors 3
Additional parameters Show
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Description

Location
0.69-acres located at the intersection of 7th Avenue East and North King Street, and 0.83-acres located on 7th Avenue East and North Grove Street in the CBD of Hendersonville, NC.

Sale
SVN / BlackStream, LLC is pleased to offer the opportunity to purchase this very desirable historic mill in Hendersonville, NC.

This well-maintained brick building is located at the extremely busy 4-way lighted intersection of North King Street and 7th Avenue East. The site enjoys exposure to 11,000 cars per day. The structure contains 54,874 SF on three levels. Sale includes a 0.83-acre lot for parking for 200 cars. If used for multi-family redevelopment, 2 additional stories can be added.

Own 1/3 of a city block and 220 parking spaces in the CBD of the City of Hendersonville. CMU zoning allows for 64 feet building height, as long as at least three floors are residential. The opportunities are limitless for this huge historic mill. Multi-family complex / retail / brewery ... The possibilities are endless!

*The information contained herein was obtained from sources deemed to be reliable. However, SVN / BlackStream, LLC makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. SVN / BlackStream recommends a commercial appraisal before listing. This is not a commercial appraisal.

Location

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