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    109 N Hayne St, Unit 118 Monroe, NC 28112

    For Sale
    $550,000

    Commercial unit for sale in downtown Monroe, North Carolina.

    Property Features for 109 N Hayne St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1935

    Source: MOSER GROUP, INC., THE Agent MACKENZIE MOSER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Monroe Retail Opportunity

    This commercial unit is available for sale in downtown Monroe, North Carolina. Located in the heart of downtown, the property is part of the newly constructed Morgan's Alley and the new Social District of Monroe. The unit features an open plan, exposed brick walls, and natural light.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hayne Street Gastrolounge Restaurant Smorgansbord Deli K-Wigs & Beauty Supplies Beauty Supply Store Denise M. Beldin ... Real Estate Agency Silver Lining Gift Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.5496063
    Latitude
    34.9817349

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    FAQs

    What type of property is this?
    Retail space - Commercial unit for sale in downtown Monroe, North Carolina.
    Where is this retail space located?
    The property is located at 109 N Hayne St, Unit 118 Monroe, NC.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Prime commercial unit in Downtown Monroe, NC.; - Located on the corner of Morgan's Alley, part of Monroe's new Social District.; - Open plan layout.
    (704) 882-1700
    Request Owner's contact information
    109 N Hayne St, Unit 118 Monroe, NC 28112
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    Monroe, NC 28112
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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
    109 N Hayne St, Unit 118 Monroe, NC 28112
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