Building Details

Year Built 1971

Tenancy Single

Listing Agency: Cashiers Sotheby's International Realty

Listed By: Liz Harris · License #215864 Show Phone

Source: Mountainrealestaterocks

Added: Aug 21 Changed: Oct 30 Last Checked: Oct 30 at 2:06AM

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Investment Insights

Based on property information with market context.

This retail property contains over 3,000 square feet of shop space and was built in 1971. Highland Hatter currently occupies the premises under an existing lease.

The property is at 221 N 4th Street in Highlands, North Carolina, a short distance from Main Street.

Key Highlights

• Over 3,000 square feet of shop space
• Currently occupied by Highland Hatter under an existing lease
• Built in 1971

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Highlands Central Baptist ... Church The Highlands Hatter Hat Shop

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Auto Parts Store Plumbing Service Auto Repair Shop (Bike/Boat/Book/etc) Store

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

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

525

Businesses Nearby

17k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 41% Home Improvements & Furnishings 39% Shops & Services 11% Apparel 9%

Reeves Hardware Co. Inc Home Improvements & Furnishings

6,647 visits/mo 0.2 miles

Kilwin's Dining

5,717 visits/mo 0.1 miles

Texaco Shops & Services

1,904 visits/mo 0.4 miles

J.McLaughlin Apparel

1,466 visits/mo 0.1 miles

SUBWAY Dining

1,153 visits/mo 0.3 miles

Demographics for 28741, NC

3,736

Population

6,089

Households

0.6

Avg Household Size

60

Median Age

48%

College-Educated

90%

High-School Grad

90.3 sq mi

ZIP Area

41

Density / Sq Mi

$68,874

Median Household Income

$40,298

Median Earnings

$862

Median Rent

$596,100

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Frequently Asked Questions

What type of property is this?

Retail space - An existing business tenancy provides current occupancy under lease.

Where is this retail space located?

The property is located at 221 N 4th Street Highlands, NC.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: Over 3,000 square feet of shop space; Currently occupied by Highland Hatter under an existing lease; Built in 1971