USANCHenderson1010 S Garnett St
30-Finished little hotel (6 of 9) | Image 1
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1010 S Garnett St, Henderson, NC

Real Estate

For Sale

Listed price in listed location currency (USD).
$750,000

0020

MLS® 10148505

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size 13800 sqft
Garage No
HOA Fees 
Taxes $4,895
Days Active 1
Approx. Age 1949
Avg. Price Per Sqft $54
MLS® Number 10148505

Property Address: 1010 S Garnett St, Henderson, NC, 27536-4517

Average square foot calculated using Size range provided by listing agent.

Description

Redevelopment opportunity at the signalized intersection of S. Garnett Street and Raleigh Road -- one of the busiest and most highly trafficked intersections in the city. The property benefits from strong visibility, direct access to US-1, and proximity to I-85, providing convenient regional connectivity to Raleigh and Durham. Originally constructed in 1949, the property consists of a 25-room former hotel with 4 additional apartment units. Most guest rooms feature private baths, with a limited number configured with shared community baths consistent with traditional mid-century hotel design. A breezeway connects the primary lodging structure to a second building that previously operated as a restaurant. The site spans three parcels totaling approximately 1.181 acres and includes dedicated on-site parking -- a significant advantage for downtown-adjacent redevelopment. The property is currently vacant and requires substantial rehabilitation. No operating financials are available. Offering is well suited for experienced investors or developers seeking a value-add repositioning opportunity. Zoned OIA (Office, Institutional & Residential), the property allows for a flexible mix of potential uses, including: Boutique or flagged hotel redevelopment Office or medical conversion (nearby hospital systems) Multifamily or workforce housing conversion Mixed-use redevelopment Institutional or community use Located within walking distance to downtown and near regional medical facilities. Vance County, home to Kerr Lake, continues to benefit from recreational tourism and regional traffic flow. Property is being sold as-is.
MLS® Number10148505
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1949
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 25, 2026List Date
$750,000List Price
  • Commute

Commute

Starting Address
Destination Address
1010 S Garnett St, Henderson, NC

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