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Historic Mixed-Use Restaurant Building
For Sale
$1,550,000

425 N Main Street, Hendersonville, NC 28792

Historic building with leased restaurant ground floor and an Airbnb unit upstairs, supported by recent interior and exterior improvements.

Property Size3,043 SF
Price / SF$509.37
Days on Market182

Property Features for 425 N Main Street

General Information

Standard status Active
Size 3,043 SF
Property subtype General Commercial

Amenities

Central Air
3
City
Level
Level.

Building Details

Year Built 1896
Tenancy Single
Listing Agency: Beverly Hanks & Assoc. Hendersonville
Listed By: Steve Dozier · License #197846
Source: Xome
Added: Feb 22 Changed: Aug 23 Last Checked: Jul 24 at 11:35AM

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 Beverly Hanks & Assoc. Hendersonville

Investment Insights

Based on property information with market context.

This historic mixed-use building, originally built in 1896, includes a commercial ground-floor restaurant space and a separate Airbnb unit upstairs. The property is currently under a long-term lease with an established tenant (Café REL), providing immediate rental income. Recent capital improvements include a completed interior and exterior upgrade within the last two years, and the building features updated electrical, plumbing, and HVAC systems alongside its historic character.

The property is located in the 400 block of N. Main Street in Hendersonville’s Central Business District, bringing it into a highly active retail environment.

Accessibility features include a level entry, wide door clearances, and accessible restroom facilities. The building totals 3,043 square feet, and the sale is described as focused on the commercial ground floor; the owner is open to discussing sale of the upper level at a later date.

Key Highlights

  • Built in 1896; 3,043 sq. ft. historic downtown building with updated electrical, plumbing, and HVAC systems
  • Long‑term lease in place with established tenant (Café REL) on the commercial ground floor for current income
  • Completed total interior and exterior improvements within the last 2 years

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Tech Support Center (Bike/Boat/Book/etc) Store Veterinary Clinic Fish Market Computer & Electronic Repair Storage Facility

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,331
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Historic building with leased restaurant ground floor and an Airbnb unit upstairs, supported by recent interior and exterior improvements.
Where is this conventional restaurant located?
The property is located at 425 N Main Street Hendersonville, NC.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Built in 1896; 3,043 sq. ft. historic downtown building with updated electrical, plumbing, and HVAC systems; Long‑term lease in place with established tenant (Café REL) on the commercial ground floor for current income; Completed total interior and exterior improvements within the last 2 years
More about this property
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