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    125 S Main St Hendersonville, NC 28792

    For Sale
    $3,000,000

    0.56-acre land package ideal for hotel, condos, or retail.

    Lot size:
    0.54 Acres

    Property Features for 125 S Main St

    General Information

    Lot size
    0.54 Acres

    Building Details

    Year built
    1915

    Source: Mark Morris, CCIM Agent Mark Morris, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land in Hendersonville Hub

    This 0.56-acre land and building package, comprising three parcels, is located at 125 S Main Street in Hendersonville, NC. Formerly the home of the Flat Rock Playhouse & Main Event, the property is positioned for conversion and expansion. It is located within one block of the newly opened Ecusta Trail & Visitors Center, in the heart of the city’s social district and growth hub for music, dining, and entertainment. The site is suited for a boutique hotel with rooftop venues, luxury condos, mixed-use retail, or re-scaled live entertainment. The location benefits from constant foot traffic, vibrant dining, retail, and cultural attractions, making it a potential catalyst for the next generation of downtown growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mainstay, Inc - Food ... Food Bank The Main Event Event Venue

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hendersonville
    County
    Henderson
    State
    North Carolina
    Longitude
    -82.4597646
    Latitude
    35.3136941

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    FAQs

    What type of property is this?
    Commercial land - 0.56-acre land package ideal for hotel, condos, or retail.
    Where is this commercial land located?
    The property is located at 125 S Main St Hendersonville, NC.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Prime location in the heart of the city's social district.; - Ideal for conversion and expansion into a boutique hotel with rooftop venues, luxury condos, mixed-use retail, or live entertainment.; - Located within 1 block of the newly opened Ecusta Trail & Visitors Center.
    (828) 674-4350
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    125 S 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
    125 S Main St Hendersonville, NC 28792
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