425 N Main Street Hendersonville, NC 28792 -- MLS# 4361729
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Property Description
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 and 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.
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- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
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- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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