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Will Sheppard

willsheppardrealty@gmail.com +1(704) 780-0078

$450,000

Est. payment - /mo

3.93 Acres Lot

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Key Details

Property Type Commercial

Sub Type Building/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 258918

HOA Y/N No

Year Built 1953

Annual Tax Amount $764

Lot Size 3.930 Acres

Acres 3.93

Property Sub-Type Building/Land

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.

Location

State NC

County Caldwell

Area 26-Outside Of Area

Interior

Heating Electric, Heat Pump, Wood Stove

Cooling Central Air, Electric

Fireplace No

Exterior

Exterior Feature Fence

Parking Features Paved, Parking Space(s)

Fence Perimeter, Partial

Utilities Available High Speed Internet Available

Water Access Desc Public

Roof Type Asphalt,Metal,Shingle

Building

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Outside Of Area

High Schools Out Of Area

Others

Tax ID 06-22-1-19

Acceptable Financing Cash, Conventional, New Loan

Listing Terms Cash, Conventional, New Loan

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Listed by Blue Ridge Realty & Inv. Boone

Nearby School & Business

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Will Sheppard

+1(704) 780-0078

Realtor®/Broker License ID: 312498

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1080 Main Street NW Lenoir, NC 28645

Will Sheppard

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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