214 Main St, Cherryville, NC 28021-3409
This exceptional 0.07-acre commercial property, located at 214 E Main Street in Cherryville, NC, presents a unique investment opportunity. Priced at $325,000, this renovated office building offers significant potential as either a thriving small retail space or a distinctive event venue. Its prime location directly adjacent to the J. Ralph Beam, Jr. Heritage Park and behind the Chamber of Commerce ensures high visibility and convenient access for customers and patrons. The building has undergone significant renovations within the past six years, enhancing its functionality and aesthetic appeal. A key improvement includes the addition of two modern bathrooms, significantly increasing the property's usability and comfort. The square footage is not currently specified, but the property's size and location make it an ideal space for a variety of commercial uses. This is a rare opportunity to acquire a well-maintained, conveniently located commercial property in a desirable area with high foot traffic potential. Serious inquiries are encouraged to explore this promising investment.
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
Property description
Physical attributes from public recordsZoning & alternative use
RET01 · Cherryville, NCCherryville. 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.