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Investment Highlights
- Recent full interior and exterior renovations.
- Optional upper-level Airbnb for future expansion.
- ADA-compliant with accessible entry and restrooms.
- Prime Main Street location with heavy foot traffic.
- Historic 1896 structure with modern systems.
Executive Summary
Secure a cornerstone piece of Western North Carolina real estate in one of the region’s most vibrant downtown corridors. Located on the coveted 400 block of N. Main Street, this historic 1896 building offers exceptional visibility, strong foot traffic, architectural character, and modern turnkey restaurant infrastructure.
Formerly home to Café REL, the 3,043 sq. ft. commercial ground floor is now vacant and ready for its next chapter. The restaurant space is in immaculate condition and fully built out for a new operator, featuring a full bar, full commercial kitchen, hood system, and included FF&E. This creates an exceptional opportunity for an owner-user to step into a turnkey food and beverage space, or for an investor to acquire the property and place a high-end restaurant tenant.
Extensive interior and exterior improvements have been completed within the last two years, including updated electrical, plumbing, and HVAC systems. The current owner has preserved the building’s historic character while maintaining and managing the property to an exceptional standard.
The building also features a successful short-term rental unit upstairs, available for purchase for an additional $450,000, creating a unique path toward full building ownership.
A rare opportunity to acquire a landmark downtown Hendersonville asset with modern systems, accessibility features, income potential, and multiple paths for value creation.
Formerly home to Café REL, the 3,043 sq. ft. commercial ground floor is now vacant and ready for its next chapter. The restaurant space is in immaculate condition and fully built out for a new operator, featuring a full bar, full commercial kitchen, hood system, and included FF&E. This creates an exceptional opportunity for an owner-user to step into a turnkey food and beverage space, or for an investor to acquire the property and place a high-end restaurant tenant.
Extensive interior and exterior improvements have been completed within the last two years, including updated electrical, plumbing, and HVAC systems. The current owner has preserved the building’s historic character while maintaining and managing the property to an exceptional standard.
The building also features a successful short-term rental unit upstairs, available for purchase for an additional $450,000, creating a unique path toward full building ownership.
A rare opportunity to acquire a landmark downtown Hendersonville asset with modern systems, accessibility features, income potential, and multiple paths for value creation.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,043 SF
Building Class
B
Year Built
1896
Price
$1,250,000
Price Per SF
$410.78
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.07 AC
Zoning
C-1 / MSH - Neighborhood Business
Amenities
- Air Conditioning
Very walkable
80/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0106615 | Improvements Assessment | $668,200 |
| Land Assessment | $304,900 | Total Assessment | $973,100 |
Property Taxes
Parcel Number
0106615
Land Assessment
$304,900
Improvements Assessment
$668,200
Total Assessment
$973,100
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425 N Main St
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