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49 Baths
22,606 sqft

$6,200,000

240 Mitchelle Drive, Hendersonville NC, 28792

Price per sqft$274.26
Built in2002
Property size22,606 sqft
Property typeCommercial
Courtesy of Looking Glass Realty, Saluda, Amy Wood Listing Contact: [email protected]

Overview

Active

Listed Nov 14, 2025

Updated Jun 9

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.

Additional information

MLS® ID
4321622

Interior Features

Bathrooms
49
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
3.76 Acres

Other Property Details

55+/Senior Community
No

Listings courtesy of Canopy MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 8:29 AM UTC on 9/19/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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