John Walder
← INNOVATE Real Estate
Red Roof Inn. Lot C. - Hendersonville
Also includes Lot D: Facing I-26, highly visible flat land ready to build. - Hendersonville
Red Roof Inn, has 48 Rooms. - Hendersonville
54 Total existing parking spaces (Includes 3 Handicapped) - Hendersonville
Lobby - Hendersonville
Unimproved Commercial at Hendersonville, photo 6 of 26
Unimproved Commercial at Hendersonville, photo 7 of 26
Unimproved Commercial at Hendersonville, photo 8 of 26
Elevator - Hendersonville
Main Floor has 21 Rooms for rent. 2nd floor has 27 Rooms for rent. - Hendersonville
Unimproved Commercial at Hendersonville, photo 11 of 26
16 King Rooms available, 3 designated handicap - Hendersonville
31 2-Queen rooms available, 1 with doubles - Hendersonville
Stairs to second floor. Opens to Lot D, perfect for building a larger building and connecting with a breezeway. - Hendersonville
3-Phase Eletric Power - Hendersonville
Electrical Room has space for more panels - Hendersonville
Elevator Utility Room - Hendersonville
Laundry Room, expansion - Hendersonville
Water Heater Room. Water Heaters are 100 Gallons each, enough space in the room for two more units. - Hendersonville
Back of The Red Roof Inn - Hendersonville
3-Phase electric to property and then goes underground. In the distance is the on-ramp for I-26 - Hendersonville
3-Phase electric goes underground at the entrance of the property. - Hendersonville
Lot D ready to build - Hendersonville
Arrow pointing at the Red Roof Inn, Lot D is to the right fronting I-26! - Hendersonville
Behind the Red Roof Inn and additional lots is a camp. - Hendersonville
Annual Daily Average Traffic from I-26: Approximately 50,000. - Hendersonville
26 photos

$6,200,000

Hendersonville, NC 28792
Listed by Amy Wood · Looking Glass Realty, Saluda
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2002

About this home

Prime commercial investment opportunity poised for development in ideally situated Opportunity Zone with optimal access to 2 major highways. Two parcels totaling 3.87 acres. One Parcel has the the 48-room Red Roof Inn, and parking lot. The other parcel is shovel ready. A larger building could be built on the 2+ acres on the interstate and then connected with a breezeway to the inn. Or the land could bea great location for a retail or restaurant with it high visibility. Situated in fast-growing Henderson County, NC between Asheville, NC and Greenville/Spartanburg, SC, this property is surrounded by large national retailers and is shovel ready to take advantage of current and projected growth, including sewer, 3-phase power line, gas line, water line and storm management already in place.C-3 zoning allows for a variety of commercial opportunities. Just 5 minutes from historic downtown Hendersonville, this community attracts approximately 2 million tourists per year and has grown its population by nearly 12% over the last 5 years.

Property details

MLS #
CAR4321622
Property type
Unimproved Commercial
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
November 14, 2025
Stories
2
Total bathrooms
49
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Hendersonville Elementary
2.28 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
321
Student:teacher ratio
14.6:1
District
Henderson County Schools
Middle
Flat Rock Middle
4.67 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
761
Student:teacher ratio
15.5:1
District
Henderson County Schools
High
East Henderson High
2.92 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
910
Student:teacher ratio
15.2:1
District
Henderson County Schools

Mortgage calculator

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Est. monthly payment
$37,487/mo
$1,240,000 down
$4,960,000 loan
Principal & interest$32,170
Property tax (est.)$5,167
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated November 14, 2025.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.