218 Main St Hendersonville, NC 28792
Property profile & analytics
218 Main St Hendersonville, NC 28792
- Office buildings
- 2,560 SF
- 0.09 lot acres
Property ID
US53-1134325
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Park National Bank: Hendersonville Office / Bank / Loan Service
Property Details for 218 Main St
- Year built
- 1840
- Lot size
- 0.09 lot acres
- Property size
- 2,560 SF
- Zone code
- 9905648~C-1 / MSH
- Property type
- Office buildings
- APN
- 9568871620
- APU
- 9568871620
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $795,000
- 6.5%
- $735,000
- 7%
- $685,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $728,000
- AI Estimate
- $570,000
Market price range: $283k - $729kMarket price range: $147k - $571k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $455,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hendersonville
- County
- Henderson
- State
- North Carolina
- Longitude
- -82.4596
- Latitude
- 35.3153
- CBSA code
- 11700
- CBSA name
- ASHEVILLE, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$392,000
$252,900
$644,900
-
$392,000
$252,900
$644,900
