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19-Unit Hotel with Guest Cottage
New
For Sale
$2,500,000

1510 Greenville Highway, Hendersonville, NC 28792

Lodging property with varied accommodations, renovated guest rooms, updated furnishings, and landscaped outdoor gathering areas.

Property Size1 SF
Days on Market5

Property Features for 1510 Greenville Highway

General Information

Standard status Active
Size 1 SF
Property subtype Hotel/Motel

Amenities

gazebo
shuffleboard court
dog park
gathering areas
Size: 1.37, Size Units: Acres
Description: Architectural Shingle
Flooring: Laminate, Tile, Vinyl
Details: Window Unit(s)
Heating: Wall Furnace
Days on Market: 0, Listing Price: 2500000, Status: Active
Covered Spaces: 2, Parking Total: 22
Construction Materials: Wood, Stories: 1, Year Built: 1950, Construction Type: Site Built
City: Hendersonville, State: NC, Zip: 28792, County: Henderson, Directions: GPS will take you here. Take I-26 to exit 53 heading west on Upward Road. Go about 2 miles and turn right onto Spartanburg Highway. Head down Spartanburg Highway for about a mile and turn left onto Shepard Street. At the round about, take the first exit onto Greenville Highway. Cedarwood Inn will be on your right.
Zoning: CITY
Sewer: Public Sewer, Water Source: City, Utilities: Cable Available, Cable Connected, Electricity Connected
Auction Y/N: 0
Description: Electric Oven, Exhaust Hood, Microwave, Refrigerator, Washer/Dryer

Building Details

Building Size 1 SF
Year Built 1950
Listing Agency: EXP Realty LLC
Listed By: Jay Lawrence
Source: Blackstreaminternational
Added: Aug 18 Changed: Aug 22 Last Checked: Aug 22 at 4:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC

Investment Insights

Based on property information with market context.

Cedarwood Inn is a hotel property comprising 19 guest units and a main building. The accommodation mix includes traditional guest rooms, kitchen-equipped units, a detached cottage, and a two-bedroom home. The property was built in 1950 and has received new roofs and gutters, remodeled guest rooms, updated furnishings, and additional site improvements.

Outdoor amenities include landscaped grounds, a gazebo, shuffleboard court, dog park, and gathering spaces. The property is located at 1510 Greenville Highway in Hendersonville, approximately five minutes from downtown Flat Rock and convenient to Hendersonville. The Cheers! Trail and new Ecusta Trail are also minutes away, with nearby breweries, wineries, dining, and outdoor recreation.

Key Highlights

  • 19 guest units plus the main building
  • Accommodation mix includes traditional rooms, kitchen units, a standalone cottage, and a two‑bedroom home
  • Built in 1950 with brand‑new roofs and gutters

Property Analytics

Current Use

CedarWood Inn Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby

Demographics for 28792, NC

35,962
Population
18,121
Households
2
Avg Household Size
44
Median Age
26%
College-Educated
87%
High-School Grad
102.9 sq mi
ZIP Area
349
Density / Sq Mi
$55,066
Median Household Income
$32,312
Median Earnings
$1,131
Median Rent
$249,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Lodging property with varied accommodations, renovated guest rooms, updated furnishings, and landscaped outdoor gathering areas.
Where is this hotel located?
The property is located at 1510 Greenville Highway Hendersonville, NC.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 19 guest units plus the main building; Accommodation mix includes traditional rooms, kitchen units, a standalone cottage, and a two‑bedroom home; Built in 1950 with brand‑new roofs and gutters
More about this property
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