Redevelopment Opportunity in Henderson,
1010 S Garnett Street, Henderson, NC 27536
COMMERCIAL - Henderson, NC
Property size:
13,800 SFLot size:
1.18 AcresPrice / SF:
$47/SF- Added:
- Feb 25, 2026
- Days on Market:
- 83
- Last Refresh:
- May 19 at 1:06 pm
Property Features for 1010 S Garnett Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- OIA
- Parking
- 20
- Standard status
- Active
- APN
- 0005 07019 & 0005 07005
- Size
- 13,800 SF
- Lot size
- 1.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- DB 1370, PG 468 & DB 1427, PG 1077
- Tax Annual Amount
- 4895
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1949
- Floors in Building
- 2
Listing agent James Hutson License #259143 (252) 915-2311
Listing office Ninja Realty 123 Rose Avenue, Raleigh, NC (252) 226-0992
Listing date Feb 25, 2026
MLS# 10148505
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑traffic location at a signalized intersection with excellent visibility and direct access to US‑1.
- Redevelopment opportunity with Historical Tax Credits available.
- Flexible OIA zoning allows for a variety of uses: hotel, office, multifamily, mixed‑use, or institutional.
- Proximity to I‑85 provides convenient regional connectivity to Raleigh and Durham.
- Large 1.181‑acre site with dedicated on‑site parking.
- Walking distance to downtown and near regional medical facilities.
Overview
This redevelopment opportunity is located at the signalized intersection of S. Garnett Street and Raleigh Road, a high-traffic area in Henderson, NC. The property offers strong visibility and direct access to US-1, with proximity to I-85 for regional connectivity to Raleigh and Durham. Originally built in 1949, the property features a 25-room former hotel with 4 apartment units. Most guest rooms have private baths, with some configured with shared community baths, reflecting mid-century hotel design. A breezeway connects the main lodging building to a secondary building that was previously a restaurant. The site includes three parcels totaling approximately 1.181 acres and dedicated on-site parking. The property is currently vacant and requires significant rehabilitation. The property is zoned OIA (Office, Institutional & Residential), allowing for a mix of potential uses such as a boutique or flagged hotel, office or medical conversion, multifamily or workforce housing, mixed-use redevelopment, or institutional/community use. The location is within walking distance of downtown and near regional medical facilities. Vance County benefits from recreational tourism and regional traffic. The property is being sold as-is. Historical tax credits may be available.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Hotels
Location Insight
- Map
- Local Demand
- City
- Henderson
- County
- Vance
- State
- North Carolina
- Longitude
- -78.4121305
- Latitude
- 36.3217235
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - Former hotel with redevelopment potential near downtown Henderson, NC.
Where is this hotel located?
The property is located at 1010 S Garnett Street Henderson, NC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: High‑traffic location at a signalized intersection with **excellent visibility and direct access to US‑1**.; Redevelopment opportunity with Historical Tax Credits available.; Flexible OIA zoning allows for a variety of uses: hotel, office, multifamily, mixed‑use, or institutional.
