118 3rd Ave NW Hickory, NC 28601
Mixed-use building with apartments and commercial space in downtown Hickory.
Type:Office, Retail
Property size:
4,436 SF- Added:
- Jul 17, 2024
- Days on Market:
- 635
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 118 3rd Ave NW
General Information
- Standard status
- Active
- Size
- 4,436 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1924
Listing agent Jenny Eckard License #NC 271955
Listing office Commercial First
Listing date Jul 17, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Commercial First
Overview
Downtown Hickory Investment Opportunity
This mixed-use property is located in Downtown Hickory and presents an investment opportunity. The building includes two newly remodeled upstairs apartments and a commercial office space that is currently leased on the main floor. The bottom level has been remodeled and is ready to be leased, offering value-add income potential. There is a fourth floor that could be converted into another apartment, if desired. Additional storage space with power is attached, which could potentially be converted into a studio apartment. The property features parking and is within walking distance of Union Square in Downtown Hickory. The current revenue is $5,025 per month, with the potential to exceed $8,000 per month. The property size is 4,436 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Birth-Empowered Virtual Childbirth ...
Childbirth Class
Golden Rule Music ...
Vocational School
LLB Photography LLC
(Bike/Boat/Book/etc) Store
Titans Consulting Tax ...
Accounting Firm
Location Insight
- Map
- Local Demand
- City
- Hickory
- County
- Catawba
- State
- North Carolina
- Longitude
- -81.3395787
- Latitude
- 35.7287863
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with apartments and commercial space in downtown Hickory.
Where is this mixed-use property located?
The property is located at 118 3rd Ave NW Hickory, NC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: High Income Potential: Current revenue $5,025/month with potential to exceed $8,000/month.; Prime Location: Walking distance to Union Square in Downtown Hickory.; Multiple Income Streams: Features two remodeled apartments and a leased commercial office space.
