# 1010 S Garnett Street, Henderson, NC 27536 > **TL;DR:** commercial, $350,000 ($25/sqft), built 1949, 13,800 sqft. Est. $1,872/mo. Listed 248 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $350,000 | | Price/sqft | $25 | | Square Feet | 13,800 | | Year Built | 1949 | | Lot Size | 51,401 sqft (1.18 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 248 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,770 | | Estimated Insurance | $102 | | **Total** | **$1,872** | ## Property Highlights - Built in 1949 - 1.18 acre lot - 2 stories - 20 parking spaces ## Description ### Agent Description HISTORICAL TAX CREDITS AVAILABLE! 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. **LARGE ANMOUNT OF HISTORICAL TAX CREDITS ARE AVAILABLE IF DEVELOPER MEETS CERTAIN CONDITIONS!** ## Location - **Address:** 1010 S Garnett Street, Henderson, NC 27536 - **County:** Vance - **Coordinates:** 36.321736, -78.412154 - **Google Maps:** https://www.google.com/maps?q=36.321736,-78.412154 ## Listing Agent - **Name:** James Hutson - **Brokerage:** The James Hutson Group LLC - **Broker Phone:** (919) 342-8538 ## Photos ![1010 S Garnett Street - Photo 1](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1880885233r.jpg) ![1010 S Garnett Street - Photo 2](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1397194008r.jpg) ![1010 S Garnett Street - Photo 3](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1021284729r.jpg) ![1010 S Garnett Street - Photo 4](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f4045574321r.jpg) ![1010 S Garnett Street - Photo 5](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1030219949r.jpg) ![1010 S Garnett Street - Photo 6](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f3087173998r.jpg) ![1010 S Garnett Street - Photo 7](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f2620496127r.jpg) ![1010 S Garnett Street - Photo 8](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f431618568r.jpg) ![1010 S Garnett Street - Photo 9](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f2303340263r.jpg) ![1010 S Garnett Street - Photo 10](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f64794885r.jpg) ![1010 S Garnett Street - Photo 11](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1060778078r.jpg) ![1010 S Garnett Street - Photo 12](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f2362536557r.jpg) ![1010 S Garnett Street - Photo 13](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f3519435387r.jpg) ![1010 S Garnett Street - Photo 14](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1540287209r.jpg) ![1010 S Garnett Street - Photo 15](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f390691356r.jpg) ![1010 S Garnett Street - Photo 16](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1240117766r.jpg) ![1010 S Garnett Street - Photo 17](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1840753463r.jpg) ![1010 S Garnett Street - Photo 18](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f2721136119r.jpg) ![1010 S Garnett Street - Photo 19](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f4206469532r.jpg) ![1010 S Garnett Street - Photo 20](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1121083612r.jpg) ![1010 S Garnett Street - Photo 21](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f2406071474r.jpg) ![1010 S Garnett Street - Photo 22](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f3873052500r.jpg) ![1010 S Garnett Street - Photo 23](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f2756875460r.jpg) ![1010 S Garnett Street - Photo 24](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f64794885r.jpg) ![1010 S Garnett Street - Photo 25](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f2009733671r.jpg) ![1010 S Garnett Street - Photo 26](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1081519005r.jpg) ![1010 S Garnett Street - Photo 27](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f64794885r.jpg) ![1010 S Garnett Street - Photo 28](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f64794885r.jpg) ![1010 S Garnett Street - Photo 29](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f64794885r.jpg) ![1010 S Garnett Street - Photo 30](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f64794885r.jpg) ![1010 S Garnett Street - Photo 31](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f310359784r.jpg) ![1010 S Garnett Street - Photo 32](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f761778552r.jpg) ![1010 S Garnett Street - Photo 33](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f296531601r.jpg) ![1010 S Garnett Street - Photo 34](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f3560364589r.jpg) ![1010 S Garnett Street - Photo 35](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1281288609r.jpg) ![1010 S Garnett Street - Photo 36](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f2222163394r.jpg) ![1010 S Garnett Street - Photo 37](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1540287209r.jpg) ![1010 S Garnett Street - Photo 38](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f2839039875r.jpg) ![1010 S Garnett Street - Photo 39](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1007902430r.jpg) ![1010 S Garnett Street - Photo 40](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f2829131258r.jpg) ![1010 S Garnett Street - Photo 41](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f880868071r.jpg) ![1010 S Garnett Street - Photo 42](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f1828344592r.jpg) ![1010 S Garnett Street - Photo 43](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f603194523r.jpg) ![1010 S Garnett Street - Photo 44](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f316249233r.jpg) ![1010 S Garnett Street - Photo 45](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f316249233r.jpg) ![1010 S Garnett Street - Photo 46](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f316249233r.jpg) ![1010 S Garnett Street - Photo 47](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f316249233r.jpg) ![1010 S Garnett Street - Photo 48](http://lh.rdcpix.com/53e24e1422f008b82ffbc120cc0e74eal-f755656514r.jpg) --- **MLS#:** 10148505 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/1010-s-garnett-street-henderson-nc-27536-480d7a96dbc44962a033c3d168b45a43) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/1010-s-garnett-street-henderson-nc-27536-480d7a96dbc44962a033c3d168b45a43#listing", "url": "https://staging.propertysimple.ai/listing/1010-s-garnett-street-henderson-nc-27536-480d7a96dbc44962a033c3d168b45a43", "name": "1010 S Garnett Street, Henderson, NC 27536", "description": "HISTORICAL TAX CREDITS AVAILABLE! 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. 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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. 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