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    Specialty properties

    500 Julius Chambers Ave, Mount Gilead, NC 27306

    1,860 SF 0.92 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.92-acre commercial property at 500 Julius Chambers Avenue N in Mount Gilead, North Carolina, presents a unique investment opportunity. Boasting 1,860 square feet of space, the property is currently configured as a retail location, stocked with inventory (available for purchase separately). The building features easy entry and exit, with no steps, making it accessible and convenient. Its versatile design and location offer a multitude of potential uses, including but not limited to retail, food service (food truck compatible), farm produce sales, medical or dental offices, hair salon, vape or smoke shop, pawn shop, or even a breakfast restaurant. Alternatively, with necessary permits and modifications, the property could be converted into residential use, such as a single-family home, townhouses, or condominiums. Situated on a lot with approximately 289 feet of road frontage along Highway 109, this property benefits from high traffic counts, ensuring excellent visibility and accessibility. The asking price is $179,000. This is a rare chance to acquire a well-located property with significant potential in a growing area. Don't miss this opportunity to own a piece of Mount Gilead's commercial landscape. The zip code is 27306.

    Property profile
    Verified
    Property type Specialty properties
    Total area 1,860 SF
    Lot 0.92 ac (40,075 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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