Centrally Located Flex Building

907 Bethlehem Rd, Kings Mountain, NC 28086

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For Sale

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5,358 sq ft flex building with living/office and shop/storage.

Type:Retail, Self Storage

Property size:

3,690 SF

Lot size:

0.80 Acres

Price / SF:

$176/SF

HighLights

Large 5,358 sq ft flex building with living/office space (1,668 sq ft) and shop/storage space (3,690 sq ft).
Shop area features three 12'x10' roll‑up doors, ideal for various business or hobby uses.
Recently renovated living space includes a large living area, full kitchen, two bedrooms, and two full bathrooms.
Conveniently located +/- 3 miles from NC Hwy 74, I‑85, and Two Kings Casino.
Includes a +/-950 sq ft partial basement with a 9'x7' door.
0.8 deeded acres of land in the Kings Mountain ETJ.

We can help!

Listing Contact

Russ Putnam

For Sale

Contact for pricing

5,358 sq ft flex building with living/office and shop/storage.

Type:Retail, Self Storage

Property size:

3,690 SF

Lot size:

0.80 Acres

Price / SF:

$176/SF

Added:: Nov 6, 2024
Days on Market:: 581
Last Refresh:: May 12 at 8:53 pm

Property Features for 907 Bethlehem Rd

General Information

Standard status: Active
Size: 3,690 SF
Lot size: 0.80 Acres
Property subtype: Retail, Self Storage

Building Details

Year Built: 1965

We can help!

Listing Contact

Russ Putnam

Listing agent Russ Putnam License #NC 304874

Listing office Point 135 Real Estate

Listing date Nov 6, 2024

Source Crexi

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 Point 135 Real Estate

HighLights

Large 5,358 sq ft flex building with living/office space (1,668 sq ft) and shop/storage space (3,690 sq ft).
Shop area features three 12'x10' roll‑up doors, ideal for various business or hobby uses.
Recently renovated living space includes a large living area, full kitchen, two bedrooms, and two full bathrooms.
Conveniently located +/- 3 miles from NC Hwy 74, I‑85, and Two Kings Casino.
Includes a +/-950 sq ft partial basement with a 9'x7' door.
0.8 deeded acres of land in the Kings Mountain ETJ.

Overview

This is a unique opportunity to purchase a centrally located 5,358 sq ft flex building. The building includes 1,668 sq ft of living or office space and 3,690 sq ft of shop or storage space. The shop area features three roll-up doors, each 12' wide by 10' high. Additionally, there is a +/- 950 sq ft partial basement with a 9'x7' door. The finished living space has been recently renovated and includes a large living area, a full kitchen, two bedrooms, and two full bathrooms. The property, formerly the Bethlehem Volunteer Fire Department, is approximately 3 miles from access to NC Hwy 74, I-85, and Two Kings Casino. Situated in the Kings Mountain ETJ, the parcel includes 0.8 deeded acres of land. The structure currently uses a well for water, but county water is available at Bethlehem Road. It utilizes a septic system for sewer. The current zoning is SR (Suburban Residential).

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$81.9k	$22.20
− Vacancy	−$14.5k	−$3.93
EGI	$67.4k	$18.27
− OpEx	−$16.9k	−$4.57
NOI	$50.6k	$13.70

3,690 SF · lease $22.20/SF/yr · vacancy 17.70% · expense 25.00%

Alternative Uses

Best Use

Office B

$722.3K

$632.1K – $842.7K (±1% cap)

NOI $50,564 @ 7.0% cap · market cap 7.78%

Second Best

Retail

$631.7K

$552.7K – $736.9K (±1% cap)

NOI $44,216 @ 7.0% cap · market cap 6.80%

Theoretical Best

Office A

$937.1K

$820.0K – $1.09M (±1% cap)

NOI $65,596 @ 7.0% cap · market cap 10.09%

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

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Location Insight

Map
Local Demand

City: Kings Mountain
County: Cleveland
State: North Carolina
Longitude: -81.412219
Latitude: 35.215737

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For sale
Flex space
NC
Kings Mountain
28086
907 Bethlehem Rd

What type of property is this?

Flex space - 5,358 sq ft flex building with living/office and shop/storage.

Where is this flex space located?

The property is located at 907 Bethlehem Rd Kings Mountain, NC.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Large 5,358 sq ft flex building with **living/office space (1,668 sq ft) and shop/storage space (3,690 sq ft).**; Shop area features **three 12'x10' roll‑up doors**, ideal for various business or hobby uses.; **Recently renovated living space** includes a large living area, full kitchen, two bedrooms, and two full bathrooms.