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    Property profile & analytics
    OFF-MARKET Estimated value $735,000
    Office buildings

    218 Main St, Hendersonville, NC 28792-5069

    2,560 SF 0.09 ac lot Built 1840
    Individually Owned Free & Clear
    Property ID
    US53-1134325
    Property summary
    AI-generated overview

    This exceptional 1847 building, the Shepherd-Ripley Building, presents a rare opportunity to acquire a piece of Hendersonville's rich history. Completely restored in 2004 by renowned Biltmore restoration expert David Ross, this property boasts meticulous craftsmanship and modern amenities seamlessly integrated into its historic charm. Located at 218 N Main Street, this office building offers 5 spacious offices, perfect for a variety of professional uses. A large reception area provides a welcoming atmosphere for clients, while a convenient kitchenette caters to staff needs. The building features a dual-zone HVAC system ensuring year-round comfort. Currently enjoying a five-year lease, this investment offers immediate income potential. The property sits on a 0.09-acre lot and includes 14 parking spaces at the rear. This ample parking provides significant potential for expansion, with the possibility of doubling the building's footprint. The asking price for this landmark property is $1,200,000. Don't miss this chance to own a piece of Hendersonville's legacy and secure a prime location in the heart of the city. The building's history, combined with its modern updates and excellent location, makes it an unparalleled investment opportunity.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1840
    Total area 2,560 SF
    Lot 0.09 ac (3,920 SF)
    Zoning code 9905648~C-1 / MSH
    APN 9568871620
    UPID US53-1134325
    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
    Current use
    Occupant on record · Public records
    • Park National Bank: Hendersonville Office Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $735k
    Comparable Approach Comparable
    $729k
    Blend (final) Blend
    $735k
    Owner & transaction history
    Joseph W Wright JR
    Joseph W Wright JR
    since 2026
    Last sale
    $820,000
    1 recorded transaction
    2026
    $820,000
    Zoning & alternative use
    9905648~C-1 / MSH · Hendersonville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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