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240 & 238 Mitchelle Drive
Hendersonville, NC 28792

$8,000,000

Unimproved Commercial
Built in 2002
7.09 Acres Lot

About this home

Prime commercial investment opportunity poised for development in ideally situated Opportunity Zone with optimal access to 2 major highways. 4 parcels totaling 7.09 acres includes the successfully operating 48-room Red Roof Inn, available as part of the purchase or for residential conversion combined with a larger housing development on additional acreage. 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, and water line 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.

Schools

Elementary School -

Middle School

High School

No HOA information available

Parking

Open Parking Yn · true

Open Parking Spaces · 54

Interior

Features ·

Window Features · Insulated Window(s) and Window Treatments

Appliances · Bar Fridge

Flooring · Carpet and Laminate

Heating · Ductless and Heat Pump

Cooling · Ductless and Heat Pump

Laundry ·

Fireplace · No

Exterior

Road Surface Type · Paved

Road Responsibility · Private Maintained Road

Other Equipment · Network Ready

Utilities

Sewer · Public Sewer

Water Source · City

Utilities · Electricity Connected, Fiber Optics, Natural Gas, Phone Connected, Underground Power Lines, Underground Utilities, and Wired Internet Available

Contact Agent

Contact Agent

Puma Realty Expert

Listed by Amy Wood

Looking Glass Realty, Saluda

828-713-2227

Last updated: October 30, 2025 19:31

240 & 238 Mitchelle Drive

Contact Agent

Contact Agent

Puma Realty Expert