167 Un S St Concord, NC 28025-5011
- Office Properties & Spaces
- 3,520 SF
- 0.29 lot acres
Jan 27, 2021
Current Use by Public Records
- USVI Wine Company / Wine Bar / Wine Store
Property Details for 167 Un S St
- Year built
- 1962
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.29 lot acres
- Property size
- 3,520 SF
- Zone code
- C-1
- Property type
- Office Properties & Spaces
- APN
- 5630 06 1758
- APU
- 5630061758
Description
This exceptional two-story, 3,000 square foot building presents a unique investment opportunity in Concord, NC's vibrant downtown. Located on Union St S, near Washington St, this property boasts a prime location within the historic district, zoned C-1, allowing for diverse uses including retail, restaurant, medical office, or creative office space. The building features 22 parking spaces—a rare find in the downtown area—and attractive terrazzo flooring on the upper level. The open floor plan offers flexibility for customization, and the potential for outdoor patio or deck space adds further appeal, particularly for restaurant concepts. This property benefits from significant recent investments in the area, including the Novi Apartments and a $100 million courthouse expansion and renovation, driving increased foot traffic and community vibrancy. Streetscape improvements enhance walkability and aesthetics, complementing the historic charm. Its proximity to city and county government offices and other downtown amenities ensures convenient access. This is an ideal opportunity to establish a thriving business in a rapidly growing and attractive downtown setting. The APN is 56300617580000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Cabarrus
- State
- North Carolina
- Longitude
- -80.5768
- Latitude
- 35.407
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA