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Investment Highlights

  • 100% leased investment with three established tenants and immediate rental income
  • Just 6 miles west of Hendersonville and approximately 35 minutes from Downtown Asheville
  • Recent improvements: New roof installed in 2026; recent HVAC systems
  • Highly visible corner location at Hwy. 64 West & S. Rugby Rd. in Horse Shoe
  • Built-in rent growth offering attractive long-term investment upside
  • Flexible tenant mix & layouts including retail/office, warehouse storage, chiropractic, and national PT use

Executive Summary

Easy to manage and maintain, 100% leased investment opportunity in one of Western North Carolina’s growing communities. Located just 6 miles west of Hendersonville in Horse Shoe, this well-maintained commercial property occupies a highly visible corner at Hwy. 64 West and S. Rugby Rd., providing excellent tenant exposure, convenient access, and strong positioning along a key regional corridor. The property is fully occupied by three established tenants and offers built-in rent growth, creating an attractive combination of immediate income and long-term upside. Unit A features flexible retail/office space with warehouse storage and an overhead door, while Units B and C are occupied by a chiropractic practice and a national PT provider. New roof installed in 2026 and HVAC systems are recent. With a smart tenant mix, functional layouts, and a strategic location just 11 minutes from Downtown Hendersonville and approximately 35 minutes from Downtown Asheville, this is an exceptional opportunity for investors seeking a stabilized commercial asset with future growth potential.
Please contact the Listing Broker for additional information and showing requests. 48 hours notice required for all showings. Please do not disturb Tenants. The building is serviced by city water and a private sewer system managed by A&D Water Service Inc.

Attachments

All Floor Plans

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
5,922 SF
Building Class
B
Year Built
2002
Price
$1,655,230 CAD
Price Per SF
$279.51 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,922 SF
Building FAR
0.10
Lot Size
1.35 AC
Zoning
CC - Community Commercial District
Parking
26 Spaces (4.39 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Reception
  • Storage Space
  • Central Heating
  • High Ceilings
  • Secure Storage
  • Monument Signage
  • Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
1008109
Land Assessment
$203,614 CAD
Improvements Assessment
$599,900 CAD
Total Assessment
$803,514 CAD
  • Listing ID: 41920482

  • Date on Market: 2026-08-28

  • Last Updated:

  • Address: 271 Old Barn Rd, Hendersonville, NC 28791

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