Redevelopment Opportunity in Downtown Hendersonville | 2.21 acres
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Listing was updated on: 02/28/2021
Property Overview
| Price/Rent PSF | $ 799,000.00 |
| Asset Type | Land |
| Trade Type | Sale |
| Acres Available | 2.21 |
| Date Available | 02/25/2021 |
| Additional URL | Link |
| Additional parameters | Show |
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Description
Location
Property is in close proximity to I-26, I-40, I-85 and I-81. Wash Creek flows through property and a portion of parcel is in the floodway and 100 year flood plain. From I-26 E, take Exit 44 for US-25 N and turn right onto Asheville Highway. Follow for 6.3 miles and continue on N. Church St. Take a right on Kanuga Rd. Take your first right on S. Washington St. Property will be on your left.
Sale
Rare Opportunity to own and develop an entire city block within Downtown Hendersonville! This 2.21+/- Acre commercial property has excellent visibility along S. Washington Street and heavily trafficked Kanuga Road, with approx. 8,800 VPD and 576 FT of combined road frontage. Multiple curb cuts offer flexibility and ease of access. Favorable CMU (Central Mixed Use) Zoning allows for a wide array of uses, including Hotel, Retail, Office, Institutional & Recreational Uses. Approx. 0.42/Acre is being leased (month-to-month) by a landscaping company. A 2-unit home is located on approx. 0.54/Acre, leaving approx. 1.15 Acres of vacant land that is ready for development. Located 2 blocks to S. Main Street, the popular downtown area with shops, galleries, restaurants, bars and more. The Ecusta Trail, a proposed 19-mile rail- trail will be developed 1 block away featuring a greenway, connecting Hendersonville to Brevard. Incentives and investment grants available through Henderson County.
Location