CBD Rug Mill Redevelopment Opportunity
Listing was updated at: 05/16/2019
Property Overview
Price/Rent PSF $ 2,800,000.00
Asset Type Industrial
Trade Type Sale
SQ. FT. Available 54,874
Date Available 05/16/2019
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Floors 3
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Description

Location
The Historic Rug Mill of Hendersonville is a well-maintained, brick, industrial building that takes up a third of a block in the CMU of Historic Hendersonville. The site has hard corner access at the intersection of 7th Ave. E. and N. King St. This intersection is the main entrance to Hendersonville with a traffic count of 20,500 cars per day.

Sale
Phoenix Commercial, LLC is pleased to offer this opportunity to purchase this very desirable historic rug mill located in Hendersonville, NC.

This well-maintained brick building is located at the extremely busy lighted intersection of North King Street and 7th Avenue East. This intersection is the main entrance to Hendersonville with a traffic count of 20,500 cars per day. The structure contains 54,874 SF on three levels.

Own 1/3 of a city block in the CBD of Historic Hendersonville! If the building is redeveloped for multi-family, CMU zoning allows for vertical expansion to 64 feet of total height. The opportunities are limitless for this huge historic mill. Multi-family / retail / brewery ... The possibilities are endless!

Historic tax credits are still available.

Location