915 Charlotte HighwayFairview, NC 28730Sale Price: $506,500

  • Sale Price: $506,500
  • 259 Days Since Sale
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $699,000List Price
  • 2.43Acreage

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Attention investors! Unique opportunity to own a value-add mixed use (retail/multi-family) property on Charlotte Hwy (US 74). This 2.43 acre site, with city water boasts open use zoning with 3 occupied retail units (well established businesses) and 6 occupied mobile home pads. Tenants are long-term, but on month-to-month leases. Very low maintenance, due to tenant responsibilities. All lease rates are below market and expenses can be decreased significantly with very little capital and effort, so increase in cash flow could be realized within 1-6 mos. 285 feet of road frontage on a thriving commercial section of Charlotte Hwy with a vehicle count of ~19,000+ vehicles per day. This property is a must-see. See drone video attached.
Listed by Karl Nelson of NAI Allen Tate Beverly-Hanks Commercial

Listing Sold by Cool Mountain Realty

Property Details of 915 Charlotte Highway

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