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5262-5264 Us 74 Hwy Whittier, NC 28789

Sponsored
For Sale
$1,200,000

US-74 Highway Commercial Property with Multiple Income Streams

Description

Added:
Feb 3, 2025
Days on Market:
344
This exceptional 18.04-acre commercial property presents a unique investment opportunity in Whittier, NC. Strategically located on heavily trafficked US-74 Highway, it boasts 600 feet of road frontage and visibility to approximately 24,000 vehicles daily. Currently generating income from a diverse mix of tenants, including 32 self-storage units, 13 flea market shops, and a billboard, this property offers multiple revenue streams. The existing infrastructure includes ample parking and multiple access points for convenient ingress and egress. Signage opportunities along the busy highway further enhance its commercial appeal. Beyond the existing businesses, the property holds significant potential for expansion and redevelopment. The rear 15.04 acres, featuring graded public right-of-way, are zoned for residential use, opening avenues for constructing and selling single-family homes, thereby increasing the overall return on investment. This presents a compelling opportunity to capitalize on both existing income and future development possibilities. The property utilizes a shared well and a private septic system and is situated within a 500-year floodplain. This prime location in Whittier, nestled in the Great Smoky Mountains along the Tuckasegee River, benefits from the area's thriving tourism and outdoor recreation scene, attracting a steady flow of potential customers and residents. The property's size, location, and diverse income streams make it an attractive investment for those seeking both immediate returns and long-term growth potential.

Property Features for 5262-5264 Us 74 Hwy

General Information

Property type
Retail properties
Lot Size
785,822 SF

Building Details

Year Built
1991

Property Profile Location Intelligence

Current Use by Public Records

Retail properties

Map

City
Whittier
County
Jackson
State
North Carolina
Longitude
-83.29483
Latitude
35.39117

FAQs

What type of property is this?
Retail property - US-74 Highway Commercial Property with Multiple Income Streams
Where is this retail property located?
The property is located at 5262-5264 Us 74 Hwy Whittier, NC.
What is the asking price?
The asking price for this property is $1,200,000.
More about this property
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