854 Nc Highway 770 Mayodan, NC 27027
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 854 Nc Highway 770
- Property type
- Retail properties
Description
This exceptional Mayodan, NC property presents a unique investment opportunity. Situated on a sprawling 3.29-acre lot with split zoning (Neighborhood Commercial and Residential), this property offers significant versatility. The main structure is a substantial 3400 square foot, single-level concrete block building. While currently unfinished, the building includes ample space for additional storage, perfectly suited for expansion or adaptation to various business needs. The building's roof was recently replaced in 2023, ensuring long-term durability. Adding to the income potential are two mobile homes on the site, currently generating rental income. The property also boasts one well and three septic systems, providing essential utilities. Two 4,000-gallon gas tanks are included, suggesting past use as a gas station, a history reflected in the building's previous use as a gas station, grill, and nightclub. The property's diverse zoning and existing infrastructure make it ideal for a wide range of commercial ventures, from retail to light industrial, while the residential zoning allows for additional development or continued rental income from the mobile homes. Most of the existing equipment is included in the sale, offering a head start for any new business. This property is priced at $219,500 and offers a compelling blend of existing income streams and significant future development potential. Serious inquiries are encouraged to explore the full potential of this versatile property.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mayodan
- County
- Rockingham
- State
- North Carolina
- Longitude
- -80.00636
- Latitude
- 36.48072
