The Building | Built around 1940, this building has 2 units and 2 addresses—627 and 649 7th Avenue East. One stable tenant currently occupies the two units with approximately 4625 square feet plus a patio out back.  There is office space, warehouse/work space, built-in coolers, kitchen area, 2 restrooms, and a rubber roof that is just under 10 years old. The property is in the city of Hendersonville, zoning is C2, and acreage is .25mol with street parking and a side lot that is partially fenced.

The Location | Located on busy 7th Avenue East of Hendersonville, this property is convenient to the primary downtown shopping district on  Main Street and the main corridor into town, Four Seasons Boulevard.

The Opportunity | This property is the ideal investment for the landlord looking for a fully leased older building with a great rental history. Gross rents were $13,800 in both 2009 and 2008.  Taxes for 2009 were $1291 and Insurance was $504.   The adjoining building is also available for sale - see MLS 472099.

Features | Key features include:

• Central business district of Hendersonville
• Building size: 4625 sq ft mol
• Lot:  .25 acres
• Exterior:  Brick
• Heat:  forced warm air
• Cooling:  forced cool air
• Utilities:  electric, city water, city sewer, natural gas, cable and phone
• Access: City Street
• Zoning: C2
• Parking: Street and side lot

MLS | North Carolina Mountains MLS 472097

Price | Reduced from $169,950 to $149,950

Contact | To schedule a private showing, please contact Jim Kirkpatrick, owner/broker