2632 College Ave Forest City, NC 28043
This exceptional mixed-use property in Forest City, North Carolina, presents a unique investment opportunity. Situated on a level 4-acre lot, the property boasts two buildings totaling 3,717 square feet. The first structure is a 1,170 square foot brick office building, complete with four private offices, a reception/waiting area, break room, two bathrooms, and a conveniently located handicap-accessible ramp and bathroom. The second building is a 2,000 square foot pre-engineered metal insulated warehouse, featuring a generous 16-foot eave height, one 12-foot roll-up door, one 10-foot electric door, two passenger doors, and a half-bath. Built in 1962 and 1996 respectively, these buildings are zoned ETJ and offer excellent visibility and access from College Avenue, with an additional back entrance from Nottingham Drive. Underground electrical outlets are conveniently located along the property lines. The property's history as a mobile home sales lot adds to its versatility. This property is ideal for a variety of uses, including auto repair, storage, religious services, or a combination thereof. The asking price is $750,000. The property includes two units and features ceiling heights of 8 and 16 feet. The property's location in Rutherford County, NC, zip code 28043, offers convenient access to local amenities and transportation routes.
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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