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Executive Summary
Income-Producing Asset in the Heart of Downtown Hendersonville. Secure a cornerstone piece of Western North Carolina real estate. Located on one of the most vibrant and high-traffic "Main Streets" in the region, this historic building offers a rare combination of architectural character and modern, turnkey performance. Investment Highlights: Proven Passive Income: The property is currently under a long-term lease with a reliable, established tenant (Café REL), providing immediate cash. Recent Capital Improvements: Benefit from peace of mind with a total interior and exterior improvement completed within the last 2 years. The space is modern, efficient, and fully optimized for high-volume commercial use. Unbeatable Location: Situated in the 400 block of N. Main Street, the building enjoys elite foot traffic and visibility within Hendersonville’s Central Business District, a destination famous for its year-round tourism and local patronage. Future Upside & Expansion: While the sale currently focuses on the commercial ground floor, the building also features a successful Airbnb unit upstairs. While not included in the initial offering, the owner is open to discussing the sale of the upper level at a later date, providing a unique path toward full building ownership. Property Specifications: Square Footage: 3,043 sq. ft. of meticulously maintained space. History Meets Modernity: Originally built in 1896, the structure retains its historic charm while featuring updated electrical, plumbing, and HVAC systems. Accessibility: Fully compliant with modern standards, featuring level entry, wide door clearances, and accessible restroom facilities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,196 SF
Building Class
B
Year Built
1896
Price
$2,140,860 CAD
Price Per SF
$510.21 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.38
Lot Size
0.07 AC
Zoning
C-1 / MSH - Neighborhood Business
Amenities
- Air Conditioning
Very walkable
80/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0106615 | Improvements Assessment | $435,630 CAD |
| Land Assessment | $421,128 CAD | Total Assessment | $856,758 CAD |
Property Taxes
Parcel Number
0106615
Land Assessment
$421,128 CAD
Improvements Assessment
$435,630 CAD
Total Assessment
$856,758 CAD
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425 N Main St
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