$ 350,000
1806 Lane ST Kannapolis, NC 28083
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$ 350,000
Est. payment | /mo
0.42 Acres Lot
$ 350,000
Est. payment | /mo
0.42 Acres Lot
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4188472
Construction Status Completed
Year Built 1950
Lot Size 0.420 Acres
Acres 0.42
Property Description
This commercial property presents a golden opportunity for investors looking to enter the thriving Kannapolis market with minimal risk. Located just minutes from downtown, 1806 Lane Street is not only strategically placed for growth but also comes with an existing lease through March 2026, generating a steady $2,500 per month. This 0.42-acre lot, zoned for commercial use (OI), features a 2,217 sq ft building constructed in 1950, offering immediate income while you plan for future development or expansion. The combination of its prime location, ongoing lease, and potential for future value appreciation makes this property an excellent choice for investors seeking both immediate returns and long-term equity growth in a city poised for continued economic prosperity. Don't miss out on this chance to secure a piece of Kannapolis's promising future with a property that works for you from day one.
Location
State NC
County Cabarrus
Zoning OI
Interior
Inclusions Building, Land
Building
Dwelling Type Site Built
New Construction false
Construction Status Completed
Others
Senior Community false
Restrictions Other - See Remarks
Special Listing Condition Subject to Lease
© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Lindsey Maddox • Keller Williams Select • lindseymaddox@kw.com