2,263 sq ft brick building | $260K purchase + ~$55K finish = ~$315K all-in | Directly across from new 20+ unit condo development starting at $300K+ — neighborhood trajectory confirmed. Investor value-add opportunity positioned in one of Kings Mountain’s emerging redevelopment pockets. This 2,263 sq ft brick structure on a 0.23-acre lot sits directly across from a newly constructed 20+ unit condominium development a clear signal of neighborhood investment and rising property values along this block. Originally commercial and now rezoned residential, the property offers a rare chance to capitalize on an existing structure with significant square footage already in place. Investors can leverage the solid brick construction, slab foundation, city water and sewer, central HVAC, paved road access, and existing parking to reduce renovation costs and accelerate project timelines. The 2,263 sq ft footprint provides a flexible layout that can be reconfigured into a large single-family residence, modern residential conversion, or creative redevelopment project depending on investor vision. With much of the heavy structural work already complete, buyers can focus capital on interior redesign and value-driving finishes rather than costly ground-up construction. The investment story here is simple: buy below surrounding new construction pricing, renovate strategically, and ride the momentum of new development happening directly across the street. Smart investors understand that surrounding development often drives appreciation faster than the renovation itself. Opportunities like this — large existing structures in the path of neighborhood redevelopment — rarely come to market at this price point. Ideal for fix-and-flip investors, builders, or developers looking for a project with clear upside and strong neighborhood signals already in place.

Source: Canopy MLS, MLS#: 4342873