Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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