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    OFF-MARKET
    Retail properties & Spaces

    39 State Street Ext, Marion, NC 28752

    0.1 ac lot Built 1925
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents three adjoining commercial properties located in the vibrant heart of Marion, North Carolina's historic downtown. Situated on State Street, these properties offer a combined 150 feet of frontage, ensuring excellent visibility and accessibility for any business. The properties consist of three parcels totaling 0.1 acres. The first building, at 39 State Street, includes a studio apartment featuring a kitchenette, bathroom, and living area. The second building, 41 State Street, is currently configured as an art studio complete with a full bathroom and kitchenette. The third parcel, 43 State Street, is a charming private garden area with convenient back access to a parking lot. This parking area offers additional potential

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1925
    Lot 0.1 ac (4,356 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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