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Property profile & analytics
FOR SALE
Medical Office Space

402 S Chester St Gastonia, NC 28052

4,666 SF Built 1905
Property ID
US53-2270158
Property summary
AI-generated overview

Ask about possible interest rate buydown thru preferred lender! Great location in highly sought after Historic District with road frontage on corner lot plenty of rear parking. Completely restored renovated from top to bottom. New everything including two HVAC systems, Rinnai tankless water heater, upgraded electrical panels for all your needs. Hardwired smoke CO2 detectors. CPI security. Soaring ceilings over nearly 5,000 sqft, meticulously restored to historic charm with nearly endless possibilities per O-1 Zoning designation. See Floor plan. Examples of Permitted Uses include 1) by Right - Offices Law, Financial, Medical, Dental, Health Behavioral Care), Arts/Craft Studio. 2) Supplemental - Family Child Care Home, Assisted Living Center Group Home, Independent Living Center, Private Dining Club, Church/Place of Worship, Single Family, School (public private). 3) Conditional - Medical, Continuing Care Facility, Veterinarian Animal Hospital, Indoor Fraternal Service Organization Meeting Facility, Multi-family Maternity Home.

Property profile
Verified
Property type Medical Office Space
Year built 1905
Total area 4,666 SF
UPID US53-2270158
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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