317 N King St, Hendersonville, NC 28792
Office/medical condo suite with 18 deeded parking spaces and added on-street parking, offered with a tenant set to vacate.
- Added:
- Oct 29, 2025
- Days on Market:
- 251
- Last Refresh:
- Jul 6 at 2:40 am
Property Features for 317 N King St
General Information
- Standard status
- Active
- Size
- 5,918 SF
Listing office Pulliam Properties, Inc (828) 545-9002
Listing date Oct 29, 2025
Source Exprealty
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 Pulliam Properties, Inc
HighLights
- Office/medical condo suite in downtown Hendersonville on N. King St.
- 918+/- SF office space configured for an office/medical use.
- 18 parking spaces included on the deed, with additional on‑street parking available.
- Current tenant will move out within 12 months.
Overview
The property is located in Downtown Hendersonville on N. King St. The current tenant will move out within 12 months, creating a near-term window for an owner-operator or an investor to plan for occupancy after turnover. Access for showings requires scheduling in advance.
Brokers require 48 hours prior notice to show the unit, which should be considered when coordinating tours. With its condo ownership structure and dedicated parking count included on the deed, this space can fit a range of office and medical-adjacent uses where parking availability and individual ownership matter. The seller’s timeline for tenant move-out supports planning for occupancy or re-tenanting following the current lease term.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $142.0k | $24.00 |
| − Vacancy | −$4.0k | −$0.67 |
| EGI | $138.1k | $23.33 |
| − OpEx | −$34.5k | −$5.83 |
| NOI | $103.5k | $17.50 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- All Saints Animal Hospital — 720 N Grove St, Hendersonville, NC 28792
Location Insight
- Map
- Local Demand
- City
- Hendersonville
- County
- Henderson
- State
- North Carolina
- Longitude
- -82.4593078
- Latitude
- 35.3163672
