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    36 Main St Brevard, NC 28712

    Sponsored
    For Sale
    $2,925,000

    Fully occupied, stabilized, high-traffic location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional investment opportunity presents two fully occupied buildings situated in the heart of downtown Brevard, North Carolina. The portfolio comprises 0.25 acres and features five long-term tenants, all benefiting from prime Main Street frontage and signage. Both buildings underwent extensive renovations and modernization in 2014, resulting in optimized space allocation, enhanced aesthetics, improved energy efficiency, and upgraded life safety systems. The diverse tenant mix ensures a stable income stream, capitalizing on the high visibility, convenient access, and significant foot traffic characteristic of this central location. The properties have been meticulously maintained, reflecting a commitment to quality and long-term value. This is a rare chance to acquire a stabilized, high-performing investment portfolio in a thriving downtown area experiencing robust community growth. The portfolio's strong tenant base and recent renovations offer immediate cash flow and a secure foundation for future appreciation. This offering represents a compelling opportunity for investors seeking a stable, high-return investment in a desirable and growing market. The asking price for this exceptional portfolio is $2,925,000.

    Property Features for 36 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    CUP & SAUCER Coffee Shop Highland Books Book Store Brevard Pizza Works Caterer Cup & Saucer Mercantile Grocery Store Papa L.E.W. Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brevard
    County
    Transylvania
    State
    North Carolina
    Longitude
    -82.73367
    Latitude
    35.23313

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    FAQs

    What type of property is this?
    Commercial real estate - Fully occupied, stabilized, high-traffic location.
    Where is this commercial real estate located?
    The property is located at 36 Main St Brevard, NC.
    What is the asking price?
    The asking price for this property is $2,925,000.
    (828) 210-3940
    Request Owner's contact information
    36 Main St Brevard, NC 28712
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    36 Main St Brevard, NC 28712
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