5303 Mooresville Rd, Salisbury, NC 28147-7659

This freestanding retail building, situated on a 0.35-acre corner lot at 5303 Mooresville Road in Salisbury, NC, presents a compelling investment opportunity. The property enjoys excellent visibility on Highway 150, a key thoroughfare connecting Mooresville and Salisbury. Its location within a rapidly expanding residential area, marked by the development of several new subdivisions, ensures a strong potential customer base. The CBI zoning allows for a variety of uses, making it suitable for a small corner store, mechanic shop, or similar business. The building includes four underground storage tanks (USTs): three 1,000-gallon gasoline tanks and one 1,000-gallon kerosene tank. The condition of the USTs is currently unknown. Importantly, there is no existing well on the property. Currently, a tenant occupies the space under a month-to-month verbal lease agreement. This presents a unique chance to acquire a well-positioned retail property in a high-growth area, offering significant upside potential for the savvy investor. The asking price is $109,000. Serious inquiries are encouraged to explore this promising investment prospect further. The property's prime location and flexible zoning make it an attractive option for a variety of commercial ventures. The existing tenancy provides immediate cash flow, while the potential for redevelopment or lease renegotiation offers further opportunities for increased profitability.