816 Main St Locust, NC 28097
- Grocery and convenience stores
- 1,056 SF
Current Use by Public Records
- Grocery and convenience stores
Property Details for 816 Main St
- Year built
- 1935
- Property size
- 1,056 SF
- Property type
- Grocery and convenience stores
- Property subtype
- Banks
Description
This exceptional commercial property, located at 816 West Main Street in Locust, North Carolina, presents a unique opportunity for entrepreneurs. The 1,056 square foot lot, priced at $420,000 ($397.73/sq ft), is currently vacant and offers significant potential for redevelopment. Situated on a five-lane highway boasting approximately 27,000 vehicles daily, this property enjoys exceptional visibility. The existing structure, built in 1935, is a vacant house and will require demolition to accommodate new construction. This allows for complete customization to suit a variety of business needs, including those suitable for residential zoning. The property's strategic location is across from a thriving business district and within walking distance of a shopping area, ensuring high foot traffic and customer accessibility. The property is being sold "as is." Note that two adjacent parcels are also available for purchase, expanding the total acreage to 3.1 acres. The owner is open to considering all offers. This is an ideal location for a bank, grocery store, or restaurant.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Locust
- County
- Stanly
- State
- North Carolina
- Longitude
- -80.3992652
- Latitude
- 35.3040317
