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    OFF-MARKET
    Commercial real estate

    3550 Us Hwy 601 Hwy, Concord, NC 28025

    3,025 SF 0.57 ac lot Built 1947
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,025 square foot commercial property, situated on a 0.57-acre lot at 3550 US Hwy 601 in Concord, NC, presents a unique investment opportunity. Its C2 zoning ensures high visibility and accessibility, boasting a prime location near the heavily trafficked intersection of Highways 601 and 49, directly across from the Food Lion Shopping Center. The existing structure, currently configured as a residential home, offers a flexible layout easily adaptable for various commercial uses. The interior can be readily divided into two distinct work areas, each conveniently sharing a common bathroom and kitchen. Dual entrances enhance functionality and customer flow. The property's adaptability makes it ideal for a multi-service salon, or it can be renovated to suit a wide range of other commercial ventures. Adding to its versatility is a detached two-bay garage, offering ample storage or workspace. The garage's upstairs space presents further potential for development as an apartment, office, or additional storage. Alternatively, the property offers the option for complete demolition and new construction, allowing for a completely customized commercial development. This property is situated in a rapidly expanding area of Concord, making it an attractive prospect for developers and entrepreneurs alike. For additional information regarding a linked parcel, please refer to listing # 4201836. This is a rare chance to acquire a highly visible and adaptable commercial property in a thriving Concord location.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1947
    Total area 3,025 SF
    Lot 0.57 ac (24,829 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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