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    Property profile & analytics
    OFF-MARKET
    Retail space

    113 B St, Newton, NC 28658-3305

    3,659 SF 0.11 ac lot Built 1950
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US53-0202145
    Property summary
    AI-generated overview

    This exceptional retail property, located at 113 E B Street in Newton, North Carolina, presents a unique investment opportunity. The 2,375 square foot building, constructed in 1950, sits on a 0.11-acre lot and is zoned B-3, offering a wide range of potential uses. Currently configured as a dry cleaning establishment, the property boasts a convenient drive-through window and a secure mink storage vault, adding to its versatility. Its prime downtown location offers excellent visibility and accessibility, situated near the Newton Recreation Center and within walking distance of numerous shopping and dining options. The asking price for this well-maintained building is $115,000. The property's 28658 zip code and Catawba County location provide easy access to major transportation routes and a thriving community. This is an ideal opportunity for an investor seeking a strong return on investment in a desirable location with existing infrastructure and unique features. The building's size and zoning provide flexibility for a variety of commercial ventures, making it an attractive prospect for both established businesses and entrepreneurs. The combination of its convenient location, unique features, and attractive price point makes this property a compelling investment opportunity.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1950
    Construction WOOD
    Total area 3,659 SF
    Lot 0.11 ac (4,792 SF)
    Zoning code B-3
    APN 3740-13-03-2024
    UPID US53-0202145
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Deana Ranae Wilkinson · 2 yrs held
    Deana Ranae Wilkinson
    since 2023
    Last sale
    $98,000
    4 recorded transactions
    2023
    $98,000
    2023
    2021
    $90,000
    2006
    Zoning & alternative use
    B-3 · Newton, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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