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Renovated Commercial Building in Hot Springs
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24 Andrews Avenue S #3, Hot Springs, NC 28743

Fully renovated commercial building in the heart of Hot Springs.

Property Size1,108 SF
Price / SF$224.73
Days on Market175

Property Features for 24 Andrews Avenue S #3

General Information

Standard status Active
Size 1,108 SF
Property subtype Special Purpose
Zoning R-A
Investment Type Owner/User

Building Details

Year Built 1933
Buildings 1
Units 1
Listing Agency: Century 21 Connected
Listed By: Chris Smith · License #NC 279674
Source: Crexi
Added: Feb 27 Changed: Aug 18 Last Checked: Aug 20 at 5:16PM

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 Century 21 Connected

Investment Insights

Based on property information with market context.

A fully renovated commercial building is now available in the heart of Hot Springs. The 1108-square-foot space has recently been divided from the Iron Horse, allowing independent ownership with multiple uses for the first time. Zoning provides many options for realizing your vision. Hot Springs is a popular destination for hikers on the Appalachian Trail, day-trippers from Asheville and Knoxville, and those seeking outdoor recreation. The property is suitable for various food and drink options, although installing a hood is not possible due to the hotel above.

Key Highlights

  • Fully renovated commercial building ready for your business.
  • Independent ownership opportunity awaits in this prime location.
  • Versatile zoning allows for multiple uses, making it ideal for various ventures.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Carpet & Flooring Store Pharmacy Kitchen & Bath Showroom Restaurant

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

142
Businesses Nearby

Demographics for 28743, NC

1,980
Population
1,447
Households
1.4
Avg Household Size
51
Median Age
17%
College-Educated
91%
High-School Grad
123.0 sq mi
ZIP Area
16
Density / Sq Mi
$47,266
Median Household Income
$43,487
Median Earnings
$573
Median Rent
$150,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully renovated commercial building in the heart of Hot Springs.
Where is this retail space located?
The property is located at 24 Andrews Avenue S #3 Hot Springs, NC.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Fully renovated commercial building ready for your business.; Independent ownership opportunity awaits in this prime location.; Versatile zoning allows for multiple uses, making it ideal for various ventures.
(828) 348-0222 Call to check price and availability
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