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347 WILSHIRE AVE SW Concord NC 28025-5632

[Locked] • APN 55298896580000

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Details
Property Type Retail
Sub Type Auto Shop
Building SqFt 1,840
Lot SqFt 28,177
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code C-2
Year Built 1979
Building Count 1
Opportunity Zone No
Sold Price per Acre ******
Tax Year ******
Tax Land ******
Tax Additions ******

Property History

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Activated On
07/20/2025 18:54:12
Sold Price
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Description
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Marketing Description
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Marketing Description Text
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Investment Highlights
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Brokers
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Price/Sq Ft
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Asking Price
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Days on Market
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Brokerage(s)
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Property Type
Property Type
Retail
Property Subtype
Auto Shop
Marketing Description

This turnkey auto repair and service shop represents an exceptional opportunity in North Carolina's thriving automotive market. Operating continuously for years, this well-established business has built a solid foundation with documented customer relationships and proven revenue history.

Growth Potential:
The business currently operates with minimal staffing, creating immediate opportunity for revenue expansion through additional technicians and extended service hours. The established customer base and prime location provide the foundation for scaling operations.

Reason for Sale:
Owner retirement after years of successful operation.

This opportunity combines real estate ownership with an established automotive service business in a market with consistent demand. The included property and turnkey nature make this an attractive investment for buyers seeking both operational income and real estate appreciation potential.

Current Concord City C-2 zoning also allows for auto sales. This would be the perfect parcel!!!!

Investment Highlights

Key Investment Highlights:
- Prime high-traffic location ensuring consistent visibility and customer flow
- Real estate included: 1,620 sq ft facility valued at $600,000
- Turnkey operation with established systems and processes
- Documented customer base providing reliable recurring business
- Single-employee operation presents significant expansion potential

Financial Overview:
- Asking Price: $695,000
- Annual Cash Flow: $30,000
- Real estate value represents 86% of total investment, providing substantial asset backing

Sale Date
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Sold Price
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Buyer Borrower 1 Name
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Document Type
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Recording Book
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Recording Page
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Sales Price Code
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Seller 1 Name
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Seller 2 Name
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Sold By
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Sold To
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Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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C-2 CommercialGeneral CommercialGeneral Commercial District
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View all 199 uses
View all 199 uses
Last updated Jun 12, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Sold on
 BY:
CP
Chris Puckett PRO
•••.•••.5872
•••••alty@•••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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Concord, NC median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Concord, NC (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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