Retail Storefront with Office
For Sale
$349,000
2026 12th Avenue NE, Hickory, NC 28601
Retail storefront building includes three private offices, a restroom, and a workshop/storage area.
Property Size1,945 SF
Days on Market82
Property Features for 2026 12th Avenue NE
General Information
Standard status
Active
Size
1,945 SF
Property subtype
Free Standing Store
Amenities
Septic Installed
Additional parcels description:, Parcel Number: 371316739138, Assessed Value: $124,200
Central Air
Natural Gas
Listing ID: CAR4405684, Standard Status: Active, MLS Status: Active, Property Subtype: Free Standing Store, Special Conditions: None
Built in 1945
County/Parish: Catawba
Water Source: City
Crawl Space
Frontage Type: City Street, Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
1,945 SF
Year Built
1945
Listing Agency:
Weichert, Realtors - Team Metro
(828) 304-1000
Listed By:
Steve Boyd · License #172830
(828) 781-1000
Source:
Blackstreaminternational
Added: Jul 20
Changed: Oct 7
Last Checked: Oct 7 at 1:16PM
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 Weichert, Realtors - Team Metro
Investment Insights
Based on property information with market context.
This 1,425-square-foot building is currently configured as a retail storefront with three private offices, one restroom, and a workshop/storage area. The flexible interior layout supports a range of commercial uses, with distinct office space alongside a dedicated back-of-house work and storage component.
The property is positioned in a high-visibility setting along Springs Road, with convenient access and strong exposure on a well-traveled road. This makes it well suited for businesses that benefit from storefront presence and a functional mix of customer-facing space and private work areas.
The combination of storefront space, private offices, and an interior workshop/storage area provides a practical arrangement for both service-oriented operations and professional office needs.
The property is positioned in a high-visibility setting along Springs Road, with convenient access and strong exposure on a well-traveled road. This makes it well suited for businesses that benefit from storefront presence and a functional mix of customer-facing space and private work areas.
The combination of storefront space, private offices, and an interior workshop/storage area provides a practical arrangement for both service-oriented operations and professional office needs.
Key Highlights
- 1,425 SF commercial building currently configured as a retail storefront
- Interior layout includes three private offices, one restroom, and a workshop/storage area
- Flexible floor plan suited for retail, office, service‑based businesses, or professional space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,680
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,600
$513.6K
Cap Rate 7%
$366,857
$366.9K
Cap Rate 9%
$285,333
$285.3K
Market Conditions
NOI Build-Up for 1,945 SF
Gross rent
$42.0K $21.60/SF
− Vacancy
−$7.8K −$4.00/SF
EGI
$34.2K $17.60/SF
− OpEx
−$8.6K −$4.40/SF
NOI
$25.7K $13.20/SF
Area
Catawba County, NC
Vacancy
18.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,600
Cap Rate 7%
$366,857
Cap Rate 9%
$285,333
Alternative Uses
Best Use
Office B
$366.9K
$321.0K – $428.0K
NOI $25,680 @ 7.0% cap · market cap 7.36%
Second Best
Retail
$303.2K
$265.3K – $353.8K
NOI $21,226 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$568.2K
$497.1K – $662.9K
NOI $39,771 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28601, NC
53,973
Population
23,400
Households
2.3
Avg Household Size
42
Median Age
35%
College-Educated
90%
High-School Grad
47.1 sq mi
ZIP Area
1,146
Density / Sq Mi
$67,839
Median Household Income
$41,697
Median Earnings
$951
Median Rent
$236,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront building includes three private offices, a restroom, and a workshop/storage area.
Where is this storefront property located?
The property is located at 2026 12th Avenue NE Hickory, NC.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1,425 SF commercial building currently configured as a retail storefront; Interior layout includes three private offices, one restroom, and a workshop/storage area; Flexible floor plan suited for retail, office, service‑based businesses, or professional space
