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    OFF-MARKET
    Commercial real estate

    123 Henderson St, Saluda, NC 28773

    0.06 ac lot Built 1924
    Property ID
    US53-3600459
    Property summary
    AI-generated overview

    This exceptional 3-bedroom, 3-bathroom property at 123 Henderson Street in Saluda, NC, presents a unique investment opportunity. Situated on a 0.06-acre lot in the heart of downtown Saluda, this historic building boasts a rich past as the town's original paper company. Recently renovated, it offers modern comforts while retaining its original charm. For the past eight years, it has successfully operated as a highly sought-after vacation rental, welcoming guests from around the globe. The property includes a private outdoor area ideal for entertaining. Its versatile zoning allows for a variety of commercial uses, making it suitable for a range of businesses. Saluda's vibrant community offers easy access to numerous outdoor recreational activities, including state parks, waterfalls, hiking trails, river rafting, tubing, golf courses, pickleball, and skiing. The upcoming construction of the Saluda Grade Trail, a 30-mile rail-to-trail project, will further enhance Saluda's appeal as a destination for outdoor enthusiasts, increasing the property's value and potential. Priced at $695,000, this property is a rare blend of history, modern amenities, and commercial flexibility, making it an attractive investment in a thriving mountain town.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1924
    Lot 0.06 ac (2,614 SF)
    UPID US53-3600459
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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