The Building | Built around 1946, this building has 2 units and 2 addresses -- 655 A and B 7th Avenue East. Two tenants currently occupy the units with a total of approximately 5500 square feet (2500 heated). In the front unit, there is a large retail showroom with high ceilings, office space, and a restroom. The back unit, which is accessed by the side alley, is a large garage/warehouse with high ceilings, drive in garage door, and concrete floor. The rubber roof is just under 10 years old. The property is in the city of Hendersonville, zoning is C2, and acreage is .14mol with street parking and parking along the alley.

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 is the ideal investment for the landlord looking for a fully leased older building with a great rental history. Gross rents were $12,710 in 2009 and $10,525 in 2008. Taxes for 2009 were $1242 and Insurance was $504. The adjoining building is also available for sale - see MLS 472097.

Features | Key features include:

• Central business district of Hendersonville
• Building size: 5500 squre feet mol—the garage is not heated, so the heated square footage is approximately 2500
• Lot: .14 acres
• Exterior: Brick
• Heat: forced warm air
• Utilities: electric, city water, city sewer, natural gas, cable and phone
• Access: City Street
• Zoning: C2
• Parking: Street and alley

MLS | North Carolina Mountains MLS 472099

Price | Reduced from $162,950 to $145,950

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