Three contiguous commercial income buildings and parking lot offered together in the heart of Viewmont. 26000+ estimated daily traffic count. 1117+1119 2nd St NE is potentially 3 rental units, 4500sf with 4 bathrooms, break room, conference rooms, and showroom space. The front right portion (1119 front) was recently rented with about 2 years remaining. 1125 2nd St NE is 2250sf, 2 baths, office, showroom and work space is currently rented with nearly 2 years remaining. 1127 2nd St NE is 2000 sf retail and is currently rented with nearly 1.5 years remaining. Purchase cap rate with 2 vacant spaces is 6%. Pro forma cap rate at full occupancy is 10%+. The front of each building offers 11 parking spaces (5, 3, and 3). 1125 and 1127 offer 3 more parking spaces each abutting each rear entry. The parking lot, Parcel ID: 370311659487, includes 16 additional parking spaces. Agent is partial owner.
| MLS # | 4381316 |
|---|---|
| Listing Type | For Sale |
| Style | Retail Center |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 105 |
| Listing Provided By | Weston Capital Group LLC | Fletcher Edens |
| Bath(s) | 7 |
|---|---|
| Story(s) | 1 |
| Units | 5 |
| Building(s) | 3 |
| Zoning | NC |
| Acreage | 0.43 |
| Roof | Flat |
|---|---|
| Construction Materials | Brick Partial |
| Foundation Details | Crawl Space, Slab |
| List Aor | Burke County Board of Realtors |
|---|
| Property | 585400 |
|---|
| State | NC |
|---|---|
| County | Catawba |
| City | Hickory |
| Zip Code | 28601 |
| Area | Catawba |
| Listing VS Median (in 28601) | |
Price: $895,000 low | high Med: $365,000 On site: 105 low | high Med: 44 | |
| State | NC |
|---|---|
| County | Catawba |
| City | Hickory |
| Zip Code | 28601 |
| Area | Catawba |
| Listing VS Median (in 28601) | |
Price: $895,000 low | high Med: $365,000 On site: 105 low | high Med: 44 | |