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    113 B St Newton, NC 28658

    Sponsored
    For Sale
    $115,000

    Prime Dry Cleaning Building, 2,375 SF

    Property size:
    2,375 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 113 E B Street in Newton, North Carolina, presents a unique investment opportunity. The 2,375 square foot building, constructed in 1950, sits on a 0.11-acre lot and is zoned B-3, offering a wide range of potential uses. Currently configured as a dry cleaning establishment, the property boasts a convenient drive-through window and a secure mink storage vault, adding to its versatility. Its prime downtown location offers excellent visibility and accessibility, situated near the Newton Recreation Center and within walking distance of numerous shopping and dining options. The asking price for this well-maintained building is $115,000. The property's 28658 zip code and Catawba County location provide easy access to major transportation routes and a thriving community. This is an ideal opportunity for an investor seeking a strong return on investment in a desirable location with existing infrastructure and unique features. The building's size and zoning provide flexibility for a variety of commercial ventures, making it an attractive prospect for both established businesses and entrepreneurs. The combination of its convenient location, unique features, and attractive price point makes this property a compelling investment opportunity.

    Property Features for 113 B St

    General Information

    Property type
    Retail properties
    Square Feet
    2,375 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1950

    HighLights

    • 2,375 SF retail building on a 0.11‑acre lot in downtown Newton, NC.
    • Built in 1950, zoned B‑3, offering versatile commercial use.
    • Features a drive‑through window and a secure vault.
    • Excellent visibility and accessibility near the Newton Recreation Center.
    • Asking price: $115,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.2213482
    Latitude
    35.6614657

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    FAQs

    What type of property is this?
    Retail property - Prime Dry Cleaning Building, 2,375 SF
    Where is this retail property located?
    The property is located at 113 B St Newton, NC.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: 2,375 SF retail building on a 0.11-acre lot in downtown Newton, NC.; Built in 1950, zoned B-3, offering versatile commercial use.; Features a drive-through window and a secure vault.
    (828) 322-8022
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    113 B St Newton, NC 28658
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    113 B St Newton, NC 28658
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