95 Henderson St Marion, NC 28752
- Commercial real estate
- 9,694 SF
- 0.42 lot acres
Current Use by Public Records
- Marion Bargain Mart / Home Goods Store
Property Details for 95 Henderson St
- Year built
- 1935
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.42 lot acres
- Property size
- 9,694 SF
- Property type
- Commercial real estate
- APN
- 1701-11-66-2654
- APU
- 170111662654
Description
This exceptional commercial property, situated at 95 W Henderson Street in the heart of Marion, NC, presents a compelling investment opportunity. Boasting approximately 7492 square feet of space, plus a full basement, this building is currently leased on a month-to-month basis to Marion Bargain Mart, a retail tenant. The property sits on a 0.44-acre lot and enjoys a highly desirable location near the Miller Complex and adjacent to the Marion Tailgate Market, ensuring high visibility and foot traffic. Limited on-site parking is available to the left of the building, supplemented by ample public parking options nearby. This property is zoned C-1, offering flexibility for a variety of commercial uses. The building's substantial size and prime location within the bustling downtown area make it an ideal investment for savvy entrepreneurs seeking a strong foothold in a thriving community. The month-to-month lease provides flexibility for future development or continued rental income. This is a rare chance to acquire a significant commercial property in a vibrant and growing downtown area. Don't miss this opportunity to own a piece of Marion's commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $270,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $315,000
- Retail
- $305,000
- Mixed-Use
- $295,000
- Hospitality
- $280,000
- Educational
- $255,000
- Residential Income
- $300,000
- Energy
- $260,000
- Income-Based Land
- $335,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Marion
- County
- Mcdowell
- State
- North Carolina
- Longitude
- -82.0098
- Latitude
- 35.682
- CBSA code
- 32000
- CBSA name
- MARION, NC MICROPOLITAN STATISTICAL AREA