105 Main Ave Newton, NC 28658
- Commercial real estate
- 5,850 SF
- 0.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 105 Main Ave
- Year built
- 1923
- Construction
- WOOD
- Lot size
- 0.07 lot acres
- Property size
- 5,850 SF
- Zone code
- B-3
- Property type
- Commercial real estate
- APN
- 3740-13-03-0849
- APU
- 374013030849
Description
This exceptional commercial property, located at 105 N Main Avenue in Newton, NC, presents a unique investment opportunity. Situated on a 0.07-acre lot, this historic building offers approximately 249,900 square feet of space currently occupied by two tenants. Recent updates have been made to accommodate the existing tenants, demonstrating a commitment to maintaining the property's value and appeal. The building's prime location offers excellent visibility and accessibility, with convenient proximity to both Highway 321 and Highway 16, ensuring high traffic flow and potential for increased tenant interest. The property's historical character adds to its charm and potential for attracting a diverse range of businesses. Owning this building provides the chance to capitalize on the vibrant and growing community of Newton, NC, and participate in its exciting future developments and festivities. The current tenants provide immediate cash flow, making this a strong investment with potential for future growth and appreciation. This is an exceptional opportunity for an investor seeking a stable, income-generating property in a desirable location. The property's size and location make it suitable for a variety of commercial uses, offering flexibility and long-term investment potential. Serious inquiries are encouraged to explore this remarkable opportunity further. The asking price is $249,900.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newton
- County
- Catawba
- State
- North Carolina
- Longitude
- -81.222
- Latitude
- 35.6638
- CBSA code
- 25860
- CBSA name
- HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA