39 State Street Ext Marion, NC 28752

OFF-MARKET

Retail properties & Spaces

0.1 ac lot Built 1925

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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 type Retail properties & Spaces

Year built 1925

Lot 0.1 ac (4,356 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

39 State Street Ext Marion, NC 28752

Marion metro

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Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$645,000

12,090 SF

8881 Us 221st N

DEPARTMENT STORE

8881 Us 221st N, Marion, NC 28752-7562

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Value Estimation
$4,930,000

148,164 SF

Sugar Hl Rd

DEPARTMENT STORE

Sugar Hl Rd, Marion, NC 28752

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Value Estimation
$595,000

28,008 SF

417 Main St

DEPARTMENT STORE

417 Main St, Marion, NC 28752-3356

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Value Estimation
$280,000

9.05 Acres

Us 221st S

DEPARTMENT STORE

Us 221st S, Marion, NC 28752

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Value Estimation by Request
2,355 SF

2491 Sugar Hill Rd

Restaurants

2491 Sugar Hill Rd, Marion, NC 28752

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Value Estimation
$530,000

10,934 SF

4339 Us 221st S

DEPARTMENT STORE

4339 Us 221st S, Marion, NC 28752-7913

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