219 1st SW Ave Hickory, NC 28602-2922
This exceptional 8,480 square foot office building, located at 219 1st Avenue NW in the heart of Downtown Hickory, North Carolina, presents a unique investment opportunity. Recently reduced in price to $695,000, this property boasts eight individual suites, each equipped with separate meters for efficient utility management. This flexibility makes it ideal for a variety of business models, from single-occupancy to multi-tenant configurations. The building's prime location offers unparalleled convenience, with easy access to a wide array of amenities, benefiting both employees and clients. The property sits on a 0.11-acre lot and features modern HVAC systems, ensuring year-round comfort and operational efficiency. Furthermore, the roof has been recently updated, providing peace of mind and minimizing future maintenance concerns. This turnkey solution combines a desirable location with modern infrastructure, making it an attractive proposition for investors seeking a strong return on investment in a thriving downtown area. The property's versatility and updated features make it a compelling choice for businesses seeking a well-maintained and conveniently located office space. Don't miss this chance to acquire a valuable asset in a dynamic and growing market.
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Boholady Boutique and Gifts Clothing & Fashion Store
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Jackson Creative Marketing & Advertising (Bike/Boat/Book/etc) Store
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Premier Planning Group Financial Advisor
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The Jackson Group Business Management Consultant
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A Tax Office Inc Tax Preparation
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Hickory, NCHickory. 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.