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    218 Main St Hendersonville, NC 28792

    Sponsored
    For Sale
    $1,200,000

    Prime Downtown Office, Fully Restored

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 1847 building, the Shepherd-Ripley Building, presents a rare opportunity to acquire a piece of Hendersonville's rich history. Completely restored in 2004 by renowned Biltmore restoration expert David Ross, this property boasts meticulous craftsmanship and modern amenities seamlessly integrated into its historic charm. Located at 218 N Main Street, this office building offers 5 spacious offices, perfect for a variety of professional uses. A large reception area provides a welcoming atmosphere for clients, while a convenient kitchenette caters to staff needs. The building features a dual-zone HVAC system ensuring year-round comfort. Currently enjoying a five-year lease, this investment offers immediate income potential. The property sits on a 0.09-acre lot and includes 14 parking spaces at the rear. This ample parking provides significant potential for expansion, with the possibility of doubling the building's footprint. The asking price for this landmark property is $1,200,000. Don't miss this chance to own a piece of Hendersonville's legacy and secure a prime location in the heart of the city. The building's history, combined with its modern updates and excellent location, makes it an unparalleled investment opportunity.

    Property Features for 218 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1847
    Property Profile Location Intelligence

    Current Use by Public Records

    Park National Bank: ... Bank

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hendersonville
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.45965
    Latitude
    35.31525

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Downtown Office, Fully Restored
    Where is this office property / space located?
    The property is located at 218 Main St Hendersonville, NC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (828) 489-3131
    Request Owner's contact information
    218 Main St Hendersonville, NC 28792
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    Hendersonville, NC 28792
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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
    218 Main St Hendersonville, NC 28792
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