401 Kanuga Road, Hendersonville, NC 28739

$985,000
8
BA

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Sold Price
$985,000
List Price
$1,295,000
Status
CLOSED
MLS#
4296653
Bathrooms
8
Parcel Size
1.24
Year Built
1989
Days on Market
190

Property Description

7 Unit strip center investment opportunity spanning two buildings at 401 - 413 Kanuga Rd. High visibility in the "Busy Bend" of Kanuga in city, just a stone's throw from the busy Ecusta Trail. 100% occupancy, all tenants are secured with written leases, some very long term. Rental unit sizes vary from approx. 700 sq. ft. to 4,000 sq. ft. Long paved road frontage on two streets provides easy access to the shared parking areas of both buildings. Tenants include a large just-renovated pet supply store, dog groomer, clothing shop, barber shop, vape shop, restaurant and a massage/chiropractic practice. Contact listing agent for financials and lease details. A very small portion of the 409 Kanuga building is in the 500 year flood fringe area and a very small portion of the parking area is in the 100/500 year flood fringe area as shown on the Henderson County GIS flood map. A landslide damaged 401 Kanuga (only) during Hurricane Helene but the damage to 401 has been repaired and an engineered retaining wall constructed behind the building. The previous tenant re-occupied the renovated and updated space in May, 2025. The 401 - 407 building was built in 1995, the 409 - 413 building was built in 1989. Contact listing agent for lease information and property details. Please do not disturb or question the tenants.

Additional Information

County
Henderson
Restrictions
No Restrictions
Acreage Features
Corner Lot, Flood Fringe Area, Paved
Exterior Finish
Metal
Sewer/Septic
Public Sewer
Heating
Ductless, Electric, Forced Air, Heat Pump, Natural Gas
Cooling
Central Air, Ductless, Electric, Heat Pump
Roof
Metal

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Calculator source: Real Geeks

Listing courtesy of So. Homes & Land/So. Commercial. gosouthern@morrisbb.net

Selling Office: BluAxis Realty.

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