429 E Main St, Spindale, NC 28160
For Sale
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This exceptional 0.69-acre commercial property at 429 E Main Street, Spindale, NC, presents a unique investment opportunity priced at $260,000. Currently operating as an auto repair shop, the property's versatility allows for a multitude of uses. Imagine a thriving multi-business complex or a complete redevelopment project tailored to Spindale's growing community. The existing structure features three workshop bays, perfect for mechanics or similar trades, complemented by two separate offices, two restrooms, and several storage rooms. A secure, fenced perimeter with a gated entrance and a separate building entrance enhances both security and functionality. Its prime location on Hwy 74 Bus and the intersection of Oakland Rd ensures high visibility and easy access. The property's proximity to the Thermal Belt Rail Trail adds to its appeal, offering potential for synergy with recreational activities. This strategic location makes it an ideal site for a strip mall or other commercial development catering to the local community's needs. The high visibility and strategic location make this a rare opportunity for entrepreneurs and developers seeking a prominent presence in Spindale. Don't miss this chance to acquire a valuable commercial asset in a thriving area.
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Werner's Auto Sales Car Dealership
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Spindale Automotive LLC Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
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
GC · Spindale, NCSpindale. Always verify with local authorities before improvements.
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.