5Th Ave Hendersonville, NC 28739

Property Details for 5Th Ave

Lot size

0.34 lot acres

Property type

Commercial real estate

Description

This exceptional .34-acre commercial lot in downtown Hendersonville, NC, presents a remarkable investment opportunity. Located on 5th Avenue, this property boasts a prime location near Pardee Hospital, offering easy access to a thriving community. Currently zoned for commercial use, the city recently approved multi-family dwellings, allowing for the construction of a duplex, triplex, or quadplex. This flexibility opens doors to a variety of development options, catering to diverse investment strategies. The lot is mostly cleared and flat, simplifying the development process. The maximum building height is 42 feet, and the maximum footprint is 4,000 square feet. Detailed ordinance allowances are available upon request. A significant advantage is the existing right-of-way, including a 4-foot-wide strip of land along the west property line, contributing to an 8-foot-wide joint driveway for shared use. This property is offered at $420,000. Comprehensive documentation, including aerial photos, tax information, a property summary, and the deed, is available for review. Don't miss this chance to acquire a versatile and strategically located property in a rapidly growing area.

Location Insight

City

Hendersonville

County

Henderson

State

North Carolina

Longitude

-82.4617

Latitude

35.3176