See all 12 photos

$875,000

Est. payment - /mo

Save

7 Baths

0.43 Acres Lot

Active Under Contract

1117-1127 2nd ST NE Hickory, NC 28601

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

David Hoffman

admin@davidhoffmanrealty.com +1(704) 237-0485

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail Center

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 4381316

Year Built 1955

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Retail Center

Property Description

Three contiguous commercial income buildings and parking lot offered together in the heart of Viewmont. 26000+ estimated daily traffic count. 1117+1119 2nd St NE is potentially 3 rental units, 4500sf with 4 bathrooms, break room, conference rooms, and showroom space. The front right portion (1119 front) was recently rented with about 2 years remaining. 1125 2nd St NE is 2250sf, 2 baths, office, showroom and work space is currently rented with nearly 2 years remaining. 1127 2nd St NE is 2000 sf retail and is currently rented with nearly 1.5 years remaining. Purchase cap rate with 2 vacant spaces is 6%. Pro forma cap rate at full occupancy is 10%+. The front of each building offers 11 parking spaces (5, 3, and 3). 1125 and 1127 offer 3 more parking spaces each abutting each rear entry. The parking lot, Parcel ID: 370311659487, includes 16 additional parking spaces. Agent is partial owner.

Location

State NC

County Catawba

Zoning Hickory

Interior

Inclusions Building, Fixtures, Land

Exterior

Roof Type Flat

Street Surface Paved

Building

Dwelling Type Site Built

Foundation Crawl Space, Slab

Structure Type Brick Partial

New Construction false

Others

Senior Community false

Restrictions Signage,Use,Other - See Remarks

Special Listing Condition None

Listed by Fletcher Edens • Weston Capital Group LLC • fletcher@lakejames.com

NEARBY SCHOOLS & BUSINESSES

School Assignment Notice:

The schools shown in the Nearby Schools and Businesses section are based on geographic proximity and may not reflect the schools assigned to this property. School attendance boundaries are subject to change due to rezoning and other factors. Buyers should independently verify current school assignments with their real estate agent and the information provided in the MLS listing, as well as with the applicable school district, before making a purchase decision.

WORK WITH US

Our collective skills in market analysis, negotiation, and client relations ensure a smooth and successful experience. We pride ourselves on our ability to adapt to your unique needs and preferences, offering tailored solutions and attentive service. With a strong focus on communication and integrity, we strive to make every step of the real estate process seamless and stress-free. Partner with us, and let our team turn your real estate aspirations into reality.Our collective skills in market analysis, negotiation, and client relations ensure a smooth and successful experience. We pride ourselves on our ability to adapt to your unique needs and preferences, offering tailored solutions and attentive service. With a strong focus on communication and integrity, we strive to make every step of the real estate process seamless and stress-free. Partner with us, and let our team turn your real estate aspirations into reality.

GET MORE INFORMATION

David Hoffman

Broker License ID: 229855

+1(704) 237-0485

1117-1127 2nd ST NE Hickory, NC 28601

David Hoffman

Key Details

Location

Interior

Exterior

Building

Others

WORK WITH US

Go tour this home

1117-1127 2nd ST NE

GET MORE INFORMATION