1080 Main Street NW, Lenoir, NC 28645

$450,000

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This Listing is courtesy of William Aceto with Blue Ridge Realty & Inv. Boone. (828) 263-8711

List Price
$450,000
Status
ACTIVE
Days on Market
334
MLS#
258918
Subtype
Commercial Sale
Year Built
1953
Acres
3.93
MLS Area Major
26-Outside of Area

Property Description

This versatile commercial real estate property is centrally located on a busy main thoroughfare just around the corner from downtown Lenoir, 30 minutes to Hickory, 20 minutes to Morganton and 40 minutes to Boone. Detached concrete loading facility pad for trailer loading/unloading. Current and past uses include retail office space, church, insurance agency, electrical contractor, general contractor, pet grooming / training and storage. Situated on a prime corner lot totaling almost 2 acres with two entrances this income-generating property benefits from high traffic volume and great exposure. With its level terrain, additional acreage, connection to city utilities ( separate meters), and natural gas available, this location presents an excellent opportunity for expansion or redevelopment. Includes two lots across the road totalling an additional 1.96 +/- acres of vacant land. Take advantage of the bustling commercial activity in the area and capitalize on this unique property's potential for transformation. Parcels on the town side of the road with 1080 Main St are included in a NC opportunity zone for certain tax credits. It is zone 37027030100. The map is included in pictures. Link to program information: https://public.nccommerce.com/oz/#section-program The property across from 1080 Main St is in a flood plain, but the buildings are not. Map is attached in disclosures. Projected 8% cap rate income of $4,200. Detached concrete loading facility pad for trailer loading. Each space offers independent perimeter fencing.

Additional Information

Amenities
Fence
Exterior Features
Fence
Taxes
$764
Zoning
B2, Other-See Remarks
Heating
Electric, Heat Pump, Wood Stove
Air Conditioning
Central Air, Electric
Exterior Construction
Brick, Masonry, Wood Siding, Wood Frame
Stories
1
Levels
One
Roof
Asphalt, Metal, Shingle
Parking Features
Paved, Parking Space(s)
Garage
Paved, Parking Space(s)
School District
Out of Area
Elementary School
Outside Of Area
High School
Out Of Area

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