(864) 362-2375
240 Mitchelle Drive
$6,200,000

240 Mitchelle Drive, Hendersonville, NC 28792

49Baths
2002YearYear Built

About This Home

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.

Location

Key Facts

Status: Active
Type: Commercial Sale
HOA Fees: Not provided
MLS: Canopy
MLS #: 4321622

Features

Unimproved Land
Bar Fridge
Dryer
Ice Maker
Washer
Gas Water Heater

Mortgage Calculator

$31,351Estimated monthly payment

Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.

History

Current list price: $6,200,000
Status: Active — For Sale
Last updated: Nov 14, 2025

Schools

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Listing courtesy of Looking Glass Realty, Saluda
Source MLS #: 4321622
Last updated: Nov 14, 2025
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.