Skip To Content

112 Hendersonville Highway

Pisgah Forest, NC 28768
  • $1,950,000
  • STATUS: Active Under Contract
  • ON SITE: 106 days
  • ID#: 3384310
Under Contract
$1,950,000
  • 0
    BEDS
  • 1.81
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,000
    SQFT
  • $93
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1980
County:

School Ratings & Info

Offered by Rob Mckown. Copyright 2021 Canopy MLS. All rights reserved.

Description

Rare opportunity to acquire fully leased retail / restaurant center at a prime location in Pisgah Forest / Brevard. Family has owned this property for over 30 years. High profile, well-established anchor tenants include Pisgah Fish Camp, Sycamore Cycles and El Chapala restaurant. Average occupancy of tenants is over 17 years. Property consists of two buildings with 10 tenant spaces, 21,000 sf on 2.67 gross / 1.81 net acres. The property is located in the Pisgah Forest Opportunity Zone, which offers significant Federal tax advantages to long-term holders.

Monthly Payment Calculator



Based on information submitted to the MLS GRID as of 2021-08-03T23:58:53.917 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Odell Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

Digital Millennium Copyright Act
www.odellrealty.com/homes/116259275
Print Image

112 Hendersonville Highway Pisgah Forest, NC 28768

  • Price: $1,950,000
  • Status: Active Under Contract
  • ID#: 3384310
0
Beds
0
Baths
0
½ Baths
1.81
Acres
21,000
SQFT
$93
$/SQFT
1980
Built
Neighborhood:
Pisgah Forest
County:
Transylvania
Area:
Pisgah Forest
Property Description
Rare opportunity to acquire fully leased retail / restaurant center at a prime location in Pisgah Forest / Brevard. Family has owned this property for over 30 years. High profile, well-established anchor tenants include Pisgah Fish Camp, Sycamore Cycles and El Chapala restaurant. Average occupancy of tenants is over 17 years. Property consists of two buildings with 10 tenant spaces, 21,000 sf on 2.67 gross / 1.81 net acres. The property is located in the Pisgah Forest Opportunity Zone, which offers significant Federal tax advantages to long-term holders.
Exterior Features

Elevation 2000 Flood Plain Yes Other Parking On Site Parking With Approximately 120 Marked Paved Spaces. The Row Of Parking Spaces Bordering Hendersonville Hwy. is in The Right Of Way And Path Of The Planned Bike PathAnd These Spaces Are Not included in The Total. Parking Total 120 Road Frontage Type Paved RoadHighwayState Road Road Responsibility Public Maintained Road Roof Metal

Interior Features

Accessibility Features 2 Or More Access ExitsHandicap Parking Building Area Total 21000 Cooling Separate MetersTotal Foundation Details Slab Heating ElectricSeparate MetersMultizone Heat Stories Total 1 Utilities Cable AvailableCity SewerCity WaterElectricity AvailableNatural Gas AvailableTelephone On-Site

Property Features

CCRSubject To No CCRSubject To YN No Commercial Location Description FreestandingShopping Center Complex Name Forest Square Plaza Construction Status Complete HOASubject To None Inclusions BuildingLand Inside City YN Yes Listing Terms CashConventional Miscellaneous N/A Net Operating Income 141000 New Construction YN No Number Of Units Leased 10 Operating Expense 69000 Possible Use Commercial Potential Income 210000.00 Property Sub Type Commercial Restrictions None Restrictions Description No Restrictions. Special Listing Conditions Subject To Lease Structure Type Retail Center Tax Assessed Value 1649830 Transaction Type For Sale Zoning Description Dmu



Based on information submitted to the MLS GRID as of 2021-08-03T23:58:53.917 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Odell Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/cmls/orig_boomver_1_3384310-1.jpg https://bt-photos.global.ssl.fastly.net/cmls/orig_boomver_1_3384310-1.jpg https://bt-photos.global.ssl.fastly.net/cmls/orig_boomver_1_3384310-1.jpg
Logo
Odell Realty
295 Lakeshore Drive
Mooresville NC, 28117
Offered by Rob Mckown. Copyright 2021 Canopy MLS. All rights reserved.