1207 Charlotte Hwy, Fairview, NC 28730
Freestanding commercial building located on a well-traveled 5-lane highway with great visibility & easy access. Situated on a 0.45+/- acre lot with versatile open use (OU) zoning, the site was previously used as a bakery and is conducive for an array of potential uses including retail, office, showr ... oom & more. The current owner made significant improvements, including a comprehensive conversion from an office to a bakery in 2018. The upgrades include replacing the roof, structural and plumbing repairs, electric service from 200 AMP to 400 AMP, enhanced landscaping including re-grading the back portion to enhance stormwater management and new central HVAC installed in fall 2023. The charming building features 1,231 SF on the main floor, a spacious service ir display area, storage, 2 restrooms and original hardwood flooring. Property has convenient accessibility to I-40, I-240 & Blue Ridge Parkway and is located a short 15 minute drive to Downtown Asheville.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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