614 Grv St St Hendersonville, NC 28792
- Commercial real estate
- 15,915 SF
- 2.37 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 614 Grv St St
- Year built
- 1981
- Lot size
- 2.37 lot acres
- Property size
- 15,915 SF
- Property type
- Commercial real estate
Description
This exceptional Hendersonville, NC commercial property boasts 15,915 square feet of versatile space on a 2.37-acre lot. Ideally situated at 614 S Grove Street, this property offers a unique blend of existing warehouse space and significant development potential. The main building currently includes approximately 6,725 square feet of immediately available space, perfect for a variety of uses, complemented by existing leases on approximately 8,800 square feet (5,800 sq ft and 3,000 sq ft sections). This provides immediate income potential while allowing for future expansion or independent use of the remaining space upon lease expiration. The property features a built-out office area at the front, providing convenient administrative space. The robust electrical service includes 3-phase 440-volt power, catering to diverse operational needs. Adding to its appeal are two additional buildable lots, totaling 0.59 acres (.31 acre and .28 acre), presenting opportunities for expansion, additional development, or separate sale. This property presents a rare combination of immediate usability, income generation, and significant future development potential, making it an exceptional investment opportunity in a desirable location. The property's size, location, and existing infrastructure make it suitable for distribution, manufacturing, or a variety of other commercial ventures. The existing leases offer a steady income stream, while the ample available space and additional lots provide flexibility for growth and expansion.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hendersonville
- County
- Henderson
- State
- North Carolina
- Longitude
- -82.4519
- Latitude
- 35.3107