Retail•Street Retail•For Sale

Mountain Rug Mills and Factory Store

609, 621 and 631 N. King Street, Hendersonville, North Carolina 28792

Sale Price $2,900,000
Sale Type Development
Zoning CMU - Central Mixed Use
Status Existing
Year Built 1929
Stories 3
Annual Taxes $4,805.34
Gross Bldg 54,874 SqFt
RBA 54,874 SqFt
Land Area 1.52 Acres
Avail Parking 4/1000SqFt
Ceiling Height 12.0 Ft
Market City of Hendersonville
Sub-Market CBD
Legal Descr 0.69-acres referred to as PIN #9568-89-0156 as described in Deed Book 1110 at Page 190; 9568-89-0079 as described in Deed Book 1110 at Page 205; and 9568-89-0084 as described in Deed Book 1110 at Page 187 of the Henderson County Registry of Deeds. 0.83-acres referred to as PIN #9568-89-2400 as described in Deed Book 1110 at Page 199 and 9568-89-2481 as described in Deed Book 1110 at Page 202 of the Henderson County Registry of Deeds.
SVN / BlackStream, LLC is pleased to offer the opportunity to purchase this very desirable historic mill in Hendersonville, NC. This well-maintained brick building is located at the extremely busy 4-way lighted intersection of North King Street and 7th Avenue East. The site enjoys exposure to 11,000 cars per day. The structure contains 54,874 SF on three levels. Sale includes a 0.83-acre lot for parking for 200 cars. If used for multi-family redevelopment, 2 additional stories can be added. Own 1/3 of a city block and 220 parking spaces in the CBD of the City of Hendersonville. CMU zoning allows for 64 feet building height, as long as at least three floors are residential. The opportunities are limitless for this huge historic mill. Multi-family complex / retail / brewery ... The possibilities are endless! *The information contained herein was obtained from sources deemed to be reliable. However, SVN / BlackStream, LLC makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. SVN / BlackStream recommends a commercial appraisal before listing. This is not a commercial appraisal. 0.69-acres located at the intersection of 7th Avenue East and North King Street, and 0.83-acres located on 7th Avenue East and North Grove Street in the CBD of Hendersonville, NC.
  • Located in the CBD of Hendersonville
  • CMU zoning allows 64' bldg. height
  • 11,000 cars-per-day exposure
  • Located at 4-way intersection
  • Hardwood floors throughout
  • Active custom rug mill
  • Tax credits available
  • Parking for 200 cars
  • 54,874 SF
2/13/2019 7:51:16 PM 2/13/2019 7:51:40 PM


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