1000 Main St, Cherryville, NC 28021-3620
For Sale
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This exceptional investment opportunity presents a well-maintained, multi-tenant commercial plaza ideally situated on Main Street in Cherryville, North Carolina. Boasting 4,858 square feet on a 0.84-acre lot, the property benefits from high visibility and excellent access for customers. The plaza is currently occupied by established national tenants, providing a stable income stream and minimizing vacancy risk. Its prime location in the heart of Cherryville, a growing area within Gaston County, ensures consistent foot traffic and strong potential for future growth. The property's proximity to Charlotte (approximately 40 minutes away) further enhances its appeal, offering access to a larger regional market. This is a rare chance to acquire a well-established, income-producing retail property in a thriving community. The asking price is $700,000. Serious inquiries only. Financial statements and tenant information are available upon request, subject to a non-disclosure agreement. This property is offered as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
RET01 · Cherryville, NCCherryville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.