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    401 Kanuga Rd Hendersonville, NC 28739

    Under Contract
    For Sale
    $1,295,000

    SINGLE_FAMILY - Hendersonville, NC

    Type:Retail
    Lot size:
    1.24 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 401 Kanuga Rd

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active Under Contract
    Zoning
    CMU
    Rooms
    Bathroom 8, Bathroom 7, Bathroom 5, Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 6, Bathroom 2
    Bathrooms
    8
    APN
    107965
    Lot size
    1.24 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Ductless (Heating), Heat Pump (Heating), Electric (Heating), Forced Air, Natural Gas
    Cooling system
    Electric, Ductless, Heat Pump, Central Air

    Building Details

    Year built
    1989
    Number of units
    7
    Flooring type
    Tile, Concrete, Vinyl, Laminate
    Building materials
    Metal
    Roof type
    Metal

    Southern Commercial Corporation (828) 692-5000 [email protected]

    Listing agent Jon Blatt (828) 388-1210

    Listing date Nov 21, 2025

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hendersonville Strip Center Investment Opportunity

    This investment opportunity features a seven-unit strip center spanning two buildings located at 401-413 Kanuga Rd in Hendersonville, NC. The property benefits from high visibility in the "Busy Bend" of Kanuga, near the Ecusta Trail. The center is currently 100% occupied, with all tenants secured by written leases, some long-term. Rental unit sizes range from approximately 700 to 4,000 sq ft. The property, built on a 1.24-acre lot, has long paved road frontage on two streets, providing easy access to shared parking areas for both buildings. Tenants include a renovated pet supply store, dog groomer, clothing shop, barber shop, vape shop, restaurant, and a massage/chiropractic practice. The building at 401-407 Kanuga was built in 1995, while the building at 409-413 Kanuga was built in 1989. A small portion of the 409 Kanuga building is in the 500-year flood fringe area, and a small portion of the parking area is in the 100/500-year flood fringe area, according to the Henderson County GIS flood map. A landslide damaged 401 Kanuga during Hurricane Helene, but the damage has been repaired, and an engineered retaining wall has been constructed behind the building. The previous tenant re-occupied the renovated and updated space in May 2025.
    Location Intelligence

    Current Use by Public Records

    Barkers Anonymous Boutique ... Pet Supply Store Piercings Jewelry Jewelry Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hendersonville
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.4627942
    Latitude
    35.3107164

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    FAQs

    What type of property is this?
    Strip mall - Seven-unit strip center with 100% occupancy in Hendersonville, NC.
    Where is this strip mall located?
    The property is located at 401 Kanuga Rd Hendersonville, NC.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: - 100% Occupancy: Enjoy immediate income from fully leased units.; - Secured Tenants with Written Leases: Benefit from stable cash flow, some with long-term agreements.; - High-Visibility Location: Situated on the 'Busy Bend' of Kanuga Road for maximum exposure.
    (828) 388-1210
    Request Owner's contact information
    401 Kanuga Rd Hendersonville, NC 28739
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    Hendersonville, NC 28739
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 Kanuga Rd Hendersonville, NC 28739
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