201 W Morgan St Wadesboro, NC 28170

Property Details for 201 W Morgan St

Year built

1926

Property size

20,872 SF

Property type

Commercial real estate

APN

6474-15-64-9011

APU

647415649011

Description

Exceptional investment opportunity awaits with this substantial 20,609-square-foot office building situated in downtown Wadesboro, North Carolina. This four-story, 1926-built structure, located at 201 W Morgan St (APN 6474-15-64-9011), sits on a 0.23-acre lot and is zoned CB. Priced aggressively at $399,900 ($19.40/sq ft), this property presents significant upside. The main floor and basement have undergone partial renovations, while the upper floors offer a blank canvas for customization. While the building shows evidence of past water damage (interior walls on the right side and a prior roof leak on the top floor), the roof has since been inspected and repaired. Potential buyers should independently verify the current condition and consult with the Town of Wadesboro regarding zoning compliance and any necessary upgrades for their intended use. The building's size allows for diverse uses, from a single large tenant to multiple smaller tenants. This presents a unique chance to acquire a substantial commercial property in a prime location at a remarkably low price per square foot. The property's potential is undeniable, making it an attractive proposition for savvy investors.

Location Insight

City

Wadesboro

County

Anson

State

North Carolina

Longitude

-80.0785

Latitude

34.9652

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments