Property summary
This exceptional 3,554 square foot retail space is situated in a vibrant downtown location, ideally positioned beneath a 90-unit luxury apartment complex (Mill One). The property, part of a twelve-suite building constructed in 2021, offers a fantastic opportunity for a business seeking high visibility and foot traffic. Located directly adjacent to Liberty Park, the space boasts the potential for outdoor seating, capitalizing on the park's scenic appeal. The building sits on a 2.3-acre lot and is a four-story structure. Suite 107 is currently in shell condition, providing complete flexibility for build-out to perfectly match a tenant's specific requirements and brand aesthetic. A significant tenant improvement allowance of $40 per square foot is available to qualified tenants who meet acceptable lease terms. The surrounding area features a thriving mix of established restaurants and retailers, ensuring a strong customer base and synergistic environment. This is a rare opportunity to establish a presence in a rapidly developing and highly desirable downtown area. The property's prime location, combined with the generous tenant improvement allowance, makes this an exceptional investment for discerning businesses.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Specialty Food Shop (Bike/Boat/Book/etc) Store
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Physician
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Restaurant
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Hair Salon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The TD (Traditional Downtown) district is intended to support and preserve the urban form of downtown Mooresville. District standards support the development of the downtown as a focal point in Mooresville with an intens…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
TD · Mooresville, NCThe TD (Traditional Downtown) district is intended to support and preserve the urban form of downtown Mooresville. District standards support the development of the downtown as a focal point in Mooresville with an intens…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The TD (Traditional Downtown) district is intended to support and preserve the urban form of downtown Mooresville. District standards support the development of the downtown as a focal point in Mooresville with an intens…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for TD in Mooresville, NC.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning