565 George Wilson Rd, Boone, NC 28607-8612

This exceptional commercial property at 565 George Wilson Road, Boone, NC, presents a lucrative investment opportunity. The 6,550 square foot building sits on a 1.9-acre lot, boasting approximately 170 feet of frontage on a state-maintained paved road, providing easy access to Highways 421 and 105. Currently operating as a successful daycare/pre-school under lease until 2029, this property is ideal for passive investors seeking high returns. The existing lease offers an estimated cap rate of around 8%. The main level comprises eight classrooms, a full kitchen, office space, bathroom, storage, and a utility room. Many classrooms include integrated sinks and/or toilets. The upper level, offering over 1,900 square feet, is currently divided into two suites. Suite 1 is configured as a two-bedroom, one-bathroom unit with a full kitchen and living area. Suite 2 is used for storage but has the potential to be converted into a similar two-bedroom, one-bathroom unit. Ample paved parking is available on-site. The property's proximity to Appalachian State University and downtown Boone (less than 3 miles) adds to its desirability and potential for future growth. This is a rare chance to acquire a well-established, income-generating property in a thriving location.