$1,075,000
$1,250,000
14.0%For more information regarding the value of a property, please contact us for a free consultation.
1.04 Acres Lot
SOLD DATE : 10/24/2024
Key Details
Sold Price $1,075,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4105748
Sold Date 10/24/24
Year Built 1975
Lot Size 1.040 Acres
Acres 1.04
Property Description
Flex/Warehouse building with C-Store on popular N Tryon St. Immediate investment opportunity containing multiple warehouse and long term convenience store tenant. Building located in walking to distance to Old Concord Road light rail station. Opportunity to gain immediate rental income while growing into warehouse/flex space. TENANT OCCUPPIED BUILDING, DO NOT STEP ON PROPERTY WITH OUT EXPRESS PERMISSION.
+/- 2,000 used as long-term convenience store tenant ($2,900/Monthly) +/- 9,832 used as warehouse/flex tenants ( 6 - $3,950 total monthly) NOI -$82,200 CAP 6.6%
Location
State NC
County Mecklenburg
Zoning ML-2
Interior
Heating Central
Cooling Central Air
Exterior
Fence Chain Link
Utilities Available Electricity Connected
Roof Type Flat,Rubber,Tar/Gravel
Building
Sewer Septic Installed, Tap Fee Required
Water City
Structure Type Block,Brick Full
New Construction false
Others
Senior Community false
Special Listing Condition None
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© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Ryan Pilsy • Coldwell Banker Realty