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Village Square Shopping Center

Hendersonville NC Commercial Real Estate


Located along the new Southern gateway to Hendersonville, this eight-unit strip center is a stand out. This attractive shopping center is ideal for the discriminating investor. A low maintenance exterior with Hardiboard siding and lots of parking make owning this property a joy.

The Building | The original structure, built in 1990, was totally remodeled and enlarged in 2006. This corner lot complex houses 8 tenants in approximately 13,800 square feet with a 1200-square-foot storage unit as a bonus. In 2006 all electric, plumbing, flooring, HVAC and duct work, ceiling tiles and grids were replaced. On the main level, four 1800-square-foot units and one 1200-square-foot unit are perfect for high visibility retail or offices. On the lower level, three 1800-square-foot units are suitable for offices or retail that don’t require as much exposure. All units are handicap accessible and have a restroom, break room, storage room and lots of open space. This building was built with engineered poured concrete reinforced walls, extra thick exterior walls, well-insulated and soundproofed units with high ceilings. The property is in the county so doesn’t have city taxes. Zoning is CC. Acreage is 1 acre with 65 parking spaces. An additional 1.9 acres is available from the same seller.
The Location | Located in the busy growing southern sector of Hendersonville, this property is conveniently located near the busy corner of Spartanburg Highway/Hwy 176 and Upward Road just across from CVS and Ingles. I-26 is less than 2 miles away.
The Opportunity | Great opportunity for the landlord looking for a stand out building in the part of Hendersonville expected to see the fastest growth over the next ten years. 2015 gross rate will be approximately $100,000. This property is priced $250,000 below
Features | Key features include:
  • Building size: just under 14,000 square feet
  • Lot: 1 acre (additional 1.9 acres undeveloped available from the same seller)
  • Exterior: Hardiboard siding/ low maintenance cement siding and some stucco
  • Heat: forced warm air –8 units
  • Cooling: central forced –8units
  • Utilities: electric, city water, city sewer, natural gas, cable and phone
  • Access: State highway
  • Zoning: CC
  • Parking: 65 spaces

Price | No longer listed. For similar properties, please call us at 828.694.1558