Listed by MECA Commercial Real Estate
$775,000
612, 610 & 606 S Chestnut St
Details
APN 109494; 222604; 222603
Property Type Industrial, Office
Sub Type Flex
Square Footage 7,802
Net Rentable (SqFt) 7,802
NOI $41,923
Occupancy 45.4%
Tenancy Multi
Lease Type NNN
Lease Term 3
Lease Expiration 11/30/2028
Remaining Term 3
Rent Bumps Yes
Lease Options N/A
Year Built 1950
Buildings 3
Stories 2
Acreage 1.230
Zoning Commercial
Investment Type Value Add
Lease Commencement 12/01/2025
8,171 total SF of commercial space, just minutes from down town Gastonia.
Marketing description
value-add commercial investment opportunity with strong income potential. Multi-property sale, just minutes from Downtown Gastonia. Fantastic retail or service-based business potential with ample parking.
Investment highlights
- Multi-property
- Close proximity to downtown Gastonia
- Adjacent properties
- Ample parking
Listing Contacts
Listed by MECA Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$41,923.00
$3,493.58/mo
Valuation Metrics
0
DSCR
5.41%
Cap Rate
5.41%
ROI
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