Listing provided courtesy of Blue Ridge Realty & Inv. BooneMLS# 258918MLS ProviderContact Information: (828) 263-8711
  • 207 days on site
  • 0 views

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.

Source: High Country MLS, MLS#: 258918

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  • Property Type
    Commercial Sale
  • Lot
    3.93 acres

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  • Median Age
    46
  • Population Density
    142
  • College Educated
    25%
  • Estimated Median Income
    $42,690
  • Estimated Total Home Owners
    13,554
  • Estimated Total Renters
    5,231
  • Owner / Renter Divide
    72% / 28%
  • Estimated Average Household Size
    2
  • Total Population
    46,972
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1080 Main Street NW


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.