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Former Credit Union Office Building
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416 S Main St, Cherryville, NC

Brick building with flexible layout on 1.5 acres.

Property Size4,800 SF
Lot Size21.68 Acres
Price / SF$177.08
Days on Market841

Property Features for 416 S Main St

General Information

Standard status Active
Size 4,800 SF
Lot size 21.68 Acres
Property subtype OFFICE
Listing Agency: Foothills Commercial Real Estate
Listed By: Bill McCarter · License #100715
Source: Moodyscre
Added: May 22, 2024 Changed: Sep 8 Last Checked: Sep 8 at 11:15AM

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 Foothills Commercial Real Estate

Investment Insights

Based on property information with market context.

This property, formerly a State Employees Credit Union, features quality brick construction with a rigid metal frame, offering layout flexibility. The building is currently subdivided for two tenants. Approximately 1.5 acres of land will be deeded with the facility. A paved parking lot provides 54 spaces, including 3 handicap-accessible spaces. The property has over 210 feet of road frontage on South Main Street (NC150), with an Average Annual Daily Traffic (AADT) count of 7700 vehicles per day. Municipal water and sewer services are provided by the town of Boiling Springs. The building has a size of 4800 square feet.

Key Highlights

  • Quality brick construction with rigid metal frame offering layout flexibility.
  • Approximately 1.5 acres of land included.
  • High visibility with over 210 feet of road frontage on South Main Street (NC150).

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Big Box & Wholesale Store Electrical Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Brick building with flexible layout on 1.5 acres.
Where is this office building located?
The property is located at 416 S Main St Cherryville, NC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Quality brick construction with rigid metal frame offering layout flexibility.; Approximately 1.5 acres of land included.; High visibility with over 210 feet of road frontage on South Main Street (NC150).
(704) 472-9134 Call to check price and availability
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