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Property profile & analytics

562 W Main St Sylva, NC 28779

  • Retail space
  • 4,200 SF
  • 0.04 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US53-3833564
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Black Balsam Outdoors / (Bike/Boat/Book/etc) Store

Property Details for 562 W Main St

Year built
1933
Lot size
0.04 lot acres
Property size
4,200 SF
Zone code
B1 MAIN STREET DISTRICT
Property type
Retail space
APN
7641-17-4618
APU
7641174618

Description

This exceptional Sylva, NC commercial property, located at 562 W Main Street, offers a unique blend of retail and office space, presenting a compelling investment opportunity. The property encompasses two buildings totaling 9,000 square feet, situated on a 0.08-acre lot with significant road frontage on the bustling West Main Street. The ground floor currently houses a successful retail operation, ensuring a consistent revenue stream. Above the retail space, thirteen individual office spaces are available for lease, generating substantial rental income. Adding to the property's versatility, the basement level includes a fully finished retail space, ready for immediate occupancy or lease, further enhancing the income potential. The high-traffic location ensures excellent visibility and accessibility for all tenants, making this property ideal for a diverse range of businesses. The combination of established retail space, multiple rentable offices, and additional basement space provides a robust and diversified income stream, making this a highly attractive investment opportunity in a thriving North Carolina town. The asking price for this exceptional property is $1,400,000. This is a rare chance to acquire a well-established, income-producing commercial property in a prime location.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Sylva
County
Jackson
State
North Carolina
Longitude
-83.2231
Latitude
35.3738
CBSA code
19000
CBSA name
CULLOWHEE, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,159
$37,500
$267,630
$305,130
-
$0.00
$0.00
$0.00
More about this property
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