Historic Bed & Breakfast

Hospitality for Sale
Catylist Listing ID: 30723036
Property Subtypes: Inn
Number of Units: 17 Units
Building Size (RSF): 11,728 SF
Gross Building Area: See Agent
Gross Land Area: 18,730 SF
Sale Price: $2,375,000
Unit Price: $139,705.88 Per Unit
Property Use Type: Investment, Business
Building Name: The Charleston Inn
Name of Establishment: The Charleston Inn
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/12/2021

Overview / Comments

Incredible opportunity to own a piece of history!
The Charleston Inn of Hendersonville, North Carolina is a premiere 17 room plus owners cottage, Bed & Breakfast which boasts a rich history in Western, North Carolina. Located on Main Street in Hendersonville, North Carolina, The Charleston Inn affords convenient walking distance to all that downtown Hendersonville has to offer. The Inn also features a full-service commercial kitchen with ample dining and adjacent outdoor patio space that could be transformed into an exceptional downtown dining venue adding lunch & dinner!

This 1880 property has been carefully preserved to afford its guests a glimpse of the past. Come sit with us on the front porch, enjoy the richness of history within its walls, and relax with new friends at The Charleston Inn of Hendersonville. The historic Charleston Inn is listed on the National Register of Historic Places, and has been welcoming visitors to Hendersonville, NC for more than a hundred years.

The Charleston is an excellent launching point for short drives to witness the breathtaking beauty of the Great Smoky Mountains National Park, Pisgah National Forest, Dupont State Forest, Blue Ridge Parkway, Lake Lure and Chimney Rock Park. The Biltmore Estate and the Carl Sandburg Home are nearby. Hendersonville provides some of the finest craft and antique shops in North Carolina, exceptional dining, and excellent cultural events, such as productions at the Flat Rock Playhouse, performances at the Brevard Music Center and the year-round Hendersonville Symphony Orchestra.


Finance Data Year 2021
Real Estate Taxes - Annual($) $15,572 (Annual)
Tax Value Land $430,800
Tax Value Improvements $1,009,700
Assessed Value - Total($) $1,440,500 (Annual)
Gross Operating Income $414,200 (Annual)
Net Operating Income $219,000 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Asheville
County: Henderson
Taxing Authority: City of Hendersonville
Tax ID/APN: 9568796503
Zoning: CMU
Retail Clientele: General, Business, Traveler, Tourist
Property Located Between: 7th Ave W. & Bearcat Blvd.
Property Visibility: Excellent
Traffic/Vehicle Count: 10,000
Number of Stories: 3
Property Condition: Good
Year Built: 1880
Roof Type: Gable
Construction/Siding: Wood Siding
Zoning Description: CMU (Central Mixed Use) Zoning allows for a wide array of uses, including Hotel, Retail, Office, Institutional & Recreational Uses.
Lot Frontage: 89'
Lot Depth: 211'
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,327 30,943 60,773
Median Age: 39.13 47.83 47.81
Households: 2,277 13,836 26,663


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