25-Room Hotel
For Sale
$350,000
1010 S Garnett Street, Henderson, NC 27536
Commercial Sale, Henderson, NC
Property Size13,800 SF
Lot Size1.18 Acres
Price / SF$25.36
Days on Market222
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
Legal Description
DB 1370, PG 468 & DB 1427, PG 1077
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1949
Floors in Building
2
Listing Agency:
Ninja Realty
(252) 226-0992
Listed By:
James Hutson · License #259143
(252) 915-2311
Added: Feb 25
Changed: Sep 19
Last Checked: Oct 5 at 5:06AM
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.
Investment Insights
Based on property information with market context.
Built in 1949, this 13,800-square-foot property includes a former 25-room hotel and four apartment units. Most guest rooms have private bathrooms, while some retain shared community-bath configurations. A breezeway links the primary lodging building to a separate structure formerly used as a restaurant. The property is vacant, requires substantial rehabilitation, and is offered as-is.
Located at the signalized intersection of S. Garnett Street and Raleigh Road, the site has direct access to US-1 and regional connectivity to I-85. It is within walking distance of downtown Henderson and near regional medical facilities. Dedicated on-site parking, public water, and public sewer support redevelopment planning. OIA zoning permits a range of potential lodging, office, medical, multifamily, mixed-use, institutional, and community applications, subject to applicable conditions.
Located at the signalized intersection of S. Garnett Street and Raleigh Road, the site has direct access to US-1 and regional connectivity to I-85. It is within walking distance of downtown Henderson and near regional medical facilities. Dedicated on-site parking, public water, and public sewer support redevelopment planning. OIA zoning permits a range of potential lodging, office, medical, multifamily, mixed-use, institutional, and community applications, subject to applicable conditions.
Key Highlights
- 13,800‑square‑foot property built in 1949
- Former 25‑room hotel with 4 additional apartment units
- Breezeway connects lodging building to former restaurant structure
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
730
Businesses Nearby
Explore this area
Business Placement
Demographics for 27536, NC
15,998
Population
7,432
Households
2.2
Avg Household Size
40
Median Age
17%
College-Educated
83%
High-School Grad
12.1 sq mi
ZIP Area
1,322
Density / Sq Mi
$39,491
Median Household Income
$30,171
Median Earnings
$841
Median Rent
$120,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Vacant lodging asset with a connected former restaurant building and OIA zoning.
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 $350,000.
What are key features of this property?
This property features: 13,800‑square‑foot property built in 1949; Former 25‑room hotel with 4 additional apartment units; Breezeway connects lodging building to former restaurant structure
