Retail Storefront with
For Sale
$349,000
2026 12th Avenue NE, Hickory, NC 28601
Commercial Sale, Hickory, NC
Property Size1,425 SF
Lot Size0.23 Acres
Price / SF$244.91
Days on Market82
Property Features for 2026 12th Avenue NE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
CC-2
Standard status
Active
APN
371316739138
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
LOT 4-6 PLAT 1-106
Legal Description
LOT 4-6 PLAT 1-106
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Building Details
Year built
1945
Listing Agency:
Weichert, Realtors - Team Metro
(828) 304-1000
Listed By:
Steve Boyd · License #172830
(828) 781-1000
Added: Jul 20
Changed: Oct 8
Last Checked: Oct 9 at 7:06PM
MLS# 4405684
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 1,425-square-foot retail storefront includes three private offices, one restroom, and a workshop/storage area. Natural gas heating and central air serve the building, which was built in 1945.
At 2026 12th Avenue NE in Hickory, the property sits along Springs Road and offers access to a well-traveled road.
At 2026 12th Avenue NE in Hickory, the property sits along Springs Road and offers access to a well-traveled road.
Key Highlights
- 1,425‑square‑foot storefront building
- Three private offices and one restroom
- Workshop/storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,551
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,020
$311.0K
Cap Rate 7%
$222,157
$222.2K
Cap Rate 9%
$172,789
$172.8K
Market Conditions
NOI Build-Up for 1,425 SF
Gross rent
$23.9K $16.80/SF
− Vacancy
−$1.7K −$1.21/SF
EGI
$22.2K $15.59/SF
− OpEx
−$6.7K −$4.68/SF
NOI
$15.6K $10.91/SF
Area
Catawba County, NC
Vacancy
7.20%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,020
Cap Rate 7%
$222,157
Cap Rate 9%
$172,789
Alternative Uses
Best Use
Retail
$222.2K
$194.4K – $259.2K
NOI $15,551 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$416.3K
$364.2K – $485.6K
NOI $29,138 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
64k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 36%
Bojangles' Famous Chicken 'n Biscuits
Dining
13,217 visits/mo
0.2 miles
Wendy's
Dining
9,865 visits/mo
0.2 miles
Dollar General
Shops & Services
6,965 visits/mo
0.3 miles
KFC
Dining
6,814 visits/mo
0.1 miles
Wells Fargo
Shops & Services
5,297 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Three private offices and a dedicated workshop/storage area support a range of business configurations.
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‑square‑foot storefront building; Three private offices and one restroom; Workshop/storage area
