160 Coolridge St

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160 Coolridge St

hendersonville, NC 28792
Asking Price
$3.66M
Asset Type
Retail
Class
Class B

What's Special

160 Coolridge Street is located in a commercial corridor of Hendersonville, North Carolina, just off the Spartanburg Highway. The immediate neighborhood features a mix of established local businesses, residential pockets, and national retail chains. Situated near major local intersections, the property offers proximity to downtown Hendersonville and essential amenities including grocery stores, dining, and professional services. The location is accessible via regional thoroughfares, providing straightforward transit links for commuters and local residents throughout Henderson County. The property is suited for a variety of retail applications, including neighborhood service providers, boutique shops, or small-scale specialized showrooms. Given the surrounding demographic and traffic patterns, an ideal tenant profile would include service-oriented businesses, neighborhood convenience retailers, or professional firms requiring high street-level visibility. The layout and location support operations that rely on local foot traffic and repeat customers from the affluent surrounding residential communities.

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NOI
$80,000
Cap Rate
2.18%
DSCR
0.37
Underwater
Cash-on-Cash
-12.51%
Monthly Payment
$18,119.903
Annual Cash Flow
$-137,438.839

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