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    112 Hendersonville Highway

    Pisgah Forest, NC 28768
    • $1,950,000
    • STATUS: Active Under Contract
    • ON SITE: 104 days
    • ID#: 3384310
    Under Contract
    UPDATED: 65 min ago
    $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.

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    Based on information submitted to the MLS GRID as of 2021-08-02T16:59:32.243 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 The Ordan Reider Group at Allen Tate Company 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.

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    112 Hendersonville Highway Pisgah Forest, NC 28768

    • Price: $1,950,000
    • Status: Active Under Contract
    • Updated: 65 min ago
    • 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 2021-08-02T16:59:32.243 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 The Ordan Reider Group at Allen Tate Company 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
     
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    The Ordan Reider Group at Allen Tate Company
    10851 Providence Road
    Charlotte NC, 28277
    Offered by Rob Mckown. Copyright 2021 Canopy MLS. All rights reserved.