Building Details

Year Built 1937

Listing Agency: Dream Mountain Realty

Listed By: Alli Buchanan · License #355793 Show Phone

Source: Lewisandkirk

Added: Mar 5 Changed: Oct 8 Last Checked: Oct 23 at 12:37PM

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Investment Insights

Based on property information with market context.

Located on Main Street in Burnsville, North Carolina, this property presents an investment opportunity. The property includes 7 individual rental units, generating rental income. The layout comprises 4 apartments, 1 retail storefront with frontage on Main Street, 1 studio apartment, and 1 main cabin residence. The property is connected to city water and sewer. Its location provides walkability to shops, restaurants, and the town square, offering exposure for both residential and commercial tenants. The property may suit investors looking to expand their portfolio, business operators seeking rental income, or those considering future development.

Key Highlights

• High‑visibility, income‑producing property on Burnsville's Main Street.
• Turnkey investment with 7 individual rental units already generating income.
• Includes a mix of 4 apartments, 1 retail storefront, 1 studio apartment, and 1 main cabin residence.

Property Analytics

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Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Electrical Service Storage Facility Garden Center (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.

Location Intelligence

Trade Area within ½ mile

469

Businesses Nearby

Explore this area Business Placement

Demographics for 28714, NC

16,397

Population

9,719

Households

1.7

Avg Household Size

48

Median Age

24%

College-Educated

88%

High-School Grad

257.8 sq mi

ZIP Area

64

Density / Sq Mi

$56,551

Median Household Income

$36,212

Median Earnings

$803

Median Rent

$216,200

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Income-producing property with apartments, retail, and cabin residence.

Where is this mixed-use property located?

The property is located at 505 E Main St Burnsville, NC.

What is the asking price?

The asking price for this property is $925,000.

What are key features of this property?

This property features: High‑visibility, income‑producing property on Burnsville's Main Street.; Turnkey investment with 7 individual rental units already generating income.; Includes a mix of 4 apartments, 1 retail storefront, 1 studio apartment, and 1 main cabin residence.