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    OFF-MARKET
    Commercial real estate

    112 Virginia Ave, Bessemer City, NC 28016

    Property ID
    US53-2021723
    Property summary
    AI-generated overview

    This exceptional retail property, located at 112 W Virginia Ave in Bessemer City, North Carolina, presents a unique investment opportunity. Priced at $300,000, this building, known as the Old Central Drug Store, boasts a prime location within Bessemer City's Central Business District. Its strategic placement offers significant advantages, situated directly adjacent to Centennial Park and across the street from the Osage Mill Project, ensuring high visibility and foot traffic. The property's APN is 120802 and its zip code is 28016. The building's ideal configuration makes it perfectly suited for a food or beverage establishment, capitalizing on the growing demand in this vibrant area. This presents a rare chance to acquire a well-positioned retail space in a rapidly developing community, offering substantial potential for return on investment. The property is classified as retail and is situated in Gaston County, North Carolina. Its geographical coordinates are latitude 35.2851544 and longitude -81.2844121. This is a turnkey opportunity for an astute investor seeking a strong foothold in a thriving market. Don't miss this chance to own a piece of Bessemer City's revitalization.

    Property profile
    Verified
    Property type Commercial real estate
    APN 120802
    UPID US53-2021723
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Robert Putnam Pharmacy
    • Melissa Putnam Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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