425 & 427 N Main Street Hendersonville, NC 28792 -- MLS# 4401463
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Property Description
Potential income-producing asset in the heart of downtown Hendersonville. Located on the coveted 400 block of N. Main Street, this historic 1896 building offers exceptional visibility, strong foot traffic, and one of Western North Carolina’s most vibrant downtown settings.
The 3, 043 SF main-level 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. Extensive interior and exterior improvements have been completed within the last two years, including updated electrical, plumbing, and HVAC systems, creating a turnkey environment for immediate food and beverage use.
The current owner has preserved the building’s historic character while maintaining and managing the property to an exceptional standard. For an owner-user or restaurateur, the space is turn-key ready for immediate occupancy and operation.
The property also features a highly coveted short-term rental component upstairs, offering additional income potential and future upside. A rare opportunity to acquire a landmark downtown asset with historic character, modern systems, accessibility features, and multiple paths for value creation.
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Assumptions and Disclosures
- 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.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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