126 1st W St, Conover, NC 28613-2106
This 1,875 square foot retail property is located at 126 1st Street West in the heart of historic downtown Conover, North Carolina. Situated on a 0.05-acre lot, this building enjoys excellent visibility and accessibility due to its prime location at a five-point intersection. The property boasts a consistent rental history, making it an attractive investment opportunity. The interior features a front lobby, a large studio space, a bathroom, and a dressing room, offering versatile layout options for a variety of retail uses. The building's strategic location provides easy access to major transportation arteries, including Interstate 40, Business 321, and Highway 16, ensuring high traffic flow and convenient access for customers and employees. Conover offers a charming, small-town atmosphere, creating a welcoming environment for businesses and residents alike. This property presents a unique chance to establish or expand a retail presence in a thriving, close-knit community with a rich history. The combination of high visibility, convenient location, and consistent rental income makes this an exceptional opportunity for investors seeking a strong return on investment in a desirable downtown setting.
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Step Up Studio Training Center
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Conover, NCConover. 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.