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19-Unit Inn with Guest Cottage
For Sale
$2,300,000

1510 Greenville Highway, Hendersonville, NC 28792

Commercial Sale, Hendersonville, NC

Property SizeContact for details
Lot Size1.37 Acres
Days on Market49

Property Features for 1510 Greenville Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning CITY
Zoning description JONES & STEPP LO:B&D PLUS
Parking 22
Parking features Assigned, Parking Lot, Carport
Appliances Electric Oven, Exhaust Hood, Microwave, Refrigerator, Washer/Dryer
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.
Standard status Active
APN 9577196044
Lot size 1.37 Acres

Taxes and HOA fees

Tax Description JONES & STEPP LO:B&D PLUS PL:B-126A
Legal Description JONES & STEPP LO:B&D PLUS PL:B-126A

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Wall Furnace
Cooling system Window Unit(s)

Amenities

landscaped outdoor spaces
gazebo
shuffleboard court
dog park
gathering areas

Building Details

Year built 1950
Floors in Building 1
Number of units 20
Flooring type Vinyl, Tile, Laminate
Building materials Wood
Roof type Shingle
Additional Structures Workshop
Listing Agency: EXP Realty LLC
Listed By: Jay Lawrence
Added: Aug 18 Changed: Oct 2 Last Checked: Oct 5 at 7:06AM
MLS# 4413997

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Cedarwood Inn is a lodging property with 19 guest units in addition to its main building. Accommodations include traditional rooms, kitchen units, a separate cottage, and a two-bedroom home. The property spans 1.37 acres and was built in 1950. Recent work includes new roofs and gutters, remodeled guest rooms, updated furnishings, and other property improvements.

Landscaped outdoor areas include a gazebo, shuffleboard court, dog park, and gathering spaces. The inn is five minutes from downtown Flat Rock and minutes from the Cheers! Trail and Ecusta Trail. Public sewer is available, along with cable service.

Key Highlights

  • 19 guest units plus the main building
  • Room mix includes traditional rooms, kitchen units, a standalone cottage, and a two‑bedroom home
  • 1.37‑acre property; built in 1950

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Hotel - The lodging mix includes traditional rooms, kitchen units, a detached cottage, and a two-bedroom home.
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 $2,300,000.
What are key features of this property?
This property features: 19 guest units plus the main building; Room mix includes traditional rooms, kitchen units, a standalone cottage, and a two‑bedroom home; 1.37‑acre property; built in 1950
More about this property
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