1809 Front St Statesville, NC 28677
This exceptional 11,010-square-foot industrial property, located at 1809 W Front St in Statesville, North Carolina, presents a compelling investment opportunity. Situated on a 0.58-acre lot, this single-story, 1980-built building underwent a complete renovation in 2023. The property features a flexible layout suitable for manufacturing, warehousing, or flex uses, encompassing two units, each priced at $499,750. The asking price for the entire property is $999,500, translating to $90.78 per square foot. Key features include one loading dock, two dock-high doors, three offices, four bathrooms, a paved parking lot, and a fenced storage area. The property boasts excellent visibility from its corner lot location and is zoned B5. The property is currently partially leased with one unit available for lease at $3,500 per month. Owner financing is available for qualified buyers. The property's Assessor's Parcel Number (APN) is 4734-16-0793.000. This versatile property offers significant potential for both lease income and owner-occupancy.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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