Fairview, NC 28730,915 Charlotte HWY
Fairview, NC 28730,915 Charlotte HWY
Fairview, NC 28730,915 Charlotte HWY
Fairview, NC 28730,915 Charlotte HWY
Fairview, NC 28730,915 Charlotte HWY
Fairview, NC 28730,915 Charlotte HWY
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$506,500

$699,000

27.5%
Est.Price: ?

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Est. payment /mo

2.43 Acres Lot


SOLD DATE : 09/19/2022

Key Details

Sold Price $506,500

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 3852446

Sold Date 09/19/22

Year Built 1984

Lot Size 2.430 Acres

Acres 2.43

Property Description

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.

Location

State NC

County Buncombe

Zoning OU

Exterior

Utilities Available Cable Connected

Building

Water City

Structure Type Block, Brick, Frame

New Construction false

Others

Restrictions No Restrictions

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by Karl Nelson • NAI Beverly-Hanks • knelson@naibeverly-hanks.com
Bought with Jennifer Brunet • Cool Mountain Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(828) 994-7697

rob@thefinerhomesgroup.com

806 W CENTRAL AVE, P.O BOX 536 MOUNT HOLLY, NC, 28120

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