507 Franklin Blvd Gastonia, NC 28052
- Warehouses
- 17,079 SF
- 0.90 lot acres
Current Use by Public Records
- Furniture Storage Bins / Self-Storage Facility
Property Details for 507 Franklin Blvd
- Year built
- 1930
- Lot size
- 0.90 lot acres
- Property size
- 17,079 SF
- Zone code
- OFF10
- Property type
- Warehouses
- APN
- 106094
- APU
- 106094
Description
This exceptional 0.9-acre mixed-use property, located at 507 W Franklin Blvd in Gastonia, North Carolina, presents a compelling adaptive reuse or redevelopment opportunity. Priced at $990,000, this 13,634 square foot lot boasts a highly desirable location within the vibrant FUSE Entertainment District. The property's UMU zoning allows for a diverse range of development options, including retail, office, multi-family, single-family homes, and townhomes. Its strategic position offers unparalleled access to a thriving community. Nearby amenities include over 300 new multi-family units, a brewery, a Waterbean coffee shop, and the new Lenox Development Food Hall. The property's proximity to the baseball stadium further enhances its appeal and potential for significant return on investment. This is a rare chance to acquire a substantial parcel in a rapidly growing area with exceptional potential for future development and strong rental income. The property includes one existing building, offering flexibility for renovation or demolition. This prime location and versatile zoning make this an ideal investment for developers and entrepreneurs seeking a high-impact project in a dynamic urban setting. The property's address is 507 W Franklin Blvd, Gastonia, NC 28052.
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
- Gastonia
- County
- Gaston
- State
- North Carolina
- Longitude
- -81.1906
- Latitude
- 35.2617
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
