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Central Mixed-Use Development Land
For Sale
Under Contract
$950,000

N Grove Street, Hendersonville, NC 28792

Commercial Sale, Hendersonville, NC

Property SizeContact for details
Lot Size0.96 Acres
Days on Market189

Property Features for N Grove Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CMU
Zoning description CMU
Directions Take Hendersonville Rd (US-25 S) to I-26 E. Take Exit 49B to US-64 W toward Hendersonville. Continue into downtown to 5th Ave E.
Standard status Active Under Contract
APN 9568888754
Lot size 0.96 Acres

Taxes and HOA fees

Tax Description 5TH AVE E 9 L 8-16 LO8,16
Legal Description 5TH AVE E 9 L 8-16 LO8,16
Listing Agency: Keller Williams Elite Realty · Keller Williams Realty
Listed By: James Dager · License #331601
Added: Mar 27 Changed: Aug 24 Last Checked: Oct 1 at 7:06AM
MLS# 4360498

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.

This vacant 0.96-acre parcel is designated CMU, or Central Mixed Use, and is positioned for a range of development concepts. The zoning supports residential, commercial, and mixed-use possibilities, including retail, office, multifamily, hospitality, and live-work formats. Conceptual renderings and preliminary design plans are available for review, while intended use, zoning compliance, and development feasibility remain subject to buyer due diligence.

The property is located on N Grove Street in downtown Hendersonville, near the Henderson County Courthouse, City Hall, 7th Avenue, Maple Street, the Hendersonville Farmers Market, and North Main Street. Its setting places the site within the city’s civic, commercial, and cultural core.

Key Highlights

  • 0.96‑acre vacant parcel
  • CMU zoning: Central Mixed Use
  • Supports residential, commercial, and mixed‑use development concepts

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

2,277
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
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Frequently Asked Questions

What type of property is this?
Commercial land - CMU zoning supports residential, commercial, and mixed-use development concepts.
Where is this commercial land located?
The property is located at N Grove Street Hendersonville, NC.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 0.96‑acre vacant parcel; CMU zoning: Central Mixed Use; Supports residential, commercial, and mixed‑use development concepts
More about this property
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