Listed by Commercial First
$699,000
118 3rd Ave NW
Details
Property Type Office, Retail
Sub Type Executive Office
Square Footage 4,436
Occupancy 66%
Year Built 1924
Acreage 0.320
Zoning OI
Investment Type Value Add
Office | 4,436 SF
Marketing description
Fantastic investment opportunity in Downtown Hickory! Building has two newly remodeled upstairs apartments and a commercial office space leased on the main
floor. Bottom level remodeled and ready to be leased for value-add income potential. There is a 4th floor that could be converted to another apartment if desired. Additional storage attached with power that could be a studio apartment. Great parking and walking distance to Union Square in Downtown Hickory. Current revenue is $5,025/month with potential to be over $8,000/month. Please call to schedule showings, do not disturb tenants.
Listing Contacts
Listed by Commercial First
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