425 N Main St - Restaurant FOR SALE


Hendersonville, NC 28792- Downtown Hendersonville
$1,550,000 USD
828-329-1529
425 N Main St, Hendersonville, NC for Sale
$1,550,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

425 N Main St
Hendersonville, NC 28792
Downtown Hendersonville


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$369 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1896

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

C-1 / MSH

APN/PARCEL ID

0106615

ASK ABOUT THIS PROPERTY

Steve DozierNAI Beverly-HanksMore Info
828-329-1529

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Steve DozierNAI Beverly-HanksMore Info
828-329-1529

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.