20733 Catawba Ave Cornelius, NC 28031
This exceptional 3,344 square foot retail storefront, located at 20733 Catawba Ave in Cornelius, NC, presents a unique investment opportunity. The property, situated on a 0.4-acre lot, is a newly constructed Class B building completed in the second quarter of 2024. Currently vacant, this single-story building offers three 1,115 square foot units, easily adaptable for a single user or multiple tenants. The building is delivered in a cold dark shell condition, allowing for customization to meet specific business needs. The developer can complete build-out to buyer specifications at an additional cost. Boasting a prime Cornelius location just east of I-77 exit 28, this highly visible property benefits from strong demographics and high traffic counts. Ample parking is available at the rear of the building, providing 4 spaces per 1,000 square feet. The property is zoned NMX and features a convenient location between I-77 and downtown Cornelius. The asking price is $1,500,000. This is an ideal location for medical, office, or retail businesses.
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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Risks
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