112 Rutherford St Wadesboro, NC 28170
- Retail space
- 1,364 SF
Current Use by Public Records
- Ansonia Theatre / Performing Arts Theater
Property Details for 112 Rutherford St
- Year built
- 1945
- Property size
- 1,364 SF
- Property type
- Retail space
- APN
- 6474-15-74-1611
- APU
- 647415741611
Description
This exceptional commercial property, located at 112 N Rutherford Street in Wadesboro, North Carolina, presents a unique investment opportunity. The building encompasses 1,364 square feet of versatile space, offering significant potential for a variety of commercial ventures. Situated on a lot with no acreage, the property's prime location within Wadesboro provides excellent accessibility and visibility. The asking price is $125,000, making it an attractive proposition for both established businesses seeking expansion and entrepreneurs looking to establish a new presence in the community. The property's existing structure provides a solid foundation for immediate occupancy or renovation to suit specific business needs. Its adaptable layout allows for customization to accommodate a range of commercial uses, from retail and office spaces to light industrial operations. The absence of acreage simplifies maintenance and operational costs, making it an efficient and cost-effective investment. Given its strategic location and competitive price point, this property represents a compelling opportunity to acquire a valuable commercial asset in a thriving North Carolina town. Interested parties are encouraged to conduct their own due diligence and explore the possibilities this property offers. The property is classified as "Other" in terms of property type, suggesting flexibility in its potential uses. Further investigation into zoning regulations and permitted uses is recommended.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $55,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $65,000
- 6.5%
- $65,000
- 7%
- $65,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $60,000
- Geo Method
- $55,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $70,000
- Retail
- $75,000
- Mixed-Use
- $65,000
- Hospitality
- $55,000
- Educational
- $70,000
- Residential Income
- $55,000
- Energy
- $60,000
- Income-Based Land
- $60,000
- Food Service
- $65,000
Location Insight
- Map
- Local Demand
- City
- Wadesboro
- County
- Anson
- State
- North Carolina
- Longitude
- -80.0778
- Latitude
- 34.9669
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
