402 S Chester St Gastonia, NC 28052
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.