Property summary
This exceptional 2,500 square foot office building, located at 201 N Main Street in Catawba, North Carolina, presents a unique investment opportunity. Built in 1949, this two-story building sits on a 0.53-acre lot and is zoned M-1. The property features a single-tenant occupancy in a high-growth area of downtown Catawba, offering convenient access to I-40. The building's traditional office layout provides ample space for a variety of businesses. The property's address is 201 N Main St, Catawba, NC 28609, and its APN is 378106396632. This is a single-building property with a storefront subtype, ideal for a business seeking a prominent location in a thriving community. The property's location within the Catawba submarket, part of the Hickory, Newton, Sherrills Ford cluster, offers excellent visibility and accessibility. The total building square footage is 2,500 square feet. This presents a rare chance to acquire a well-situated commercial property in a rapidly developing area. The property's history and location combine to create a strong foundation for future growth and profitability. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
8.6 Manufacturing - Industrial District (M-I) Intent: The Manufacturing - Industrial (M-I) District is established as a district in which the principal use of land is for industrial and warehousing uses which normally se…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M-I · Catawba, NC8.6 Manufacturing - Industrial District (M-I) Intent: The Manufacturing - Industrial (M-I) District is established as a district in which the principal use of land is for industrial and warehousing uses which normally se…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
8.6 Manufacturing - Industrial District (M-I) Intent: The Manufacturing - Industrial (M-I) District is established as a district in which the principal use of land is for industrial and warehousing uses which normally se…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-I in Catawba, NC.
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