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26784368
26784370

605 N Piedmont Ave, Kings Mountain, NC 28086

$1,695,000
274 days on market
Updated 149 days ago

Investor’s Opportunity: 4.95 Acres, 7 Buildings

Details
APN 8492
Property Type Multifamily, Mixed Use (+1)
Sub Type Single Family Rental Portfolio, Commercial
Year Built 1925
Buildings 6
Acreage 1.53 - 4.57
Zoning AU-SU

Diverse commercial and residential portfolio spanning approximately 4.68 acres.

Marketing description

A rare opportunity to acquire a diverse commercial and residential portfolio spanning approximately 4.95 acres in a high-demand, strategically positioned location.

The commercial component features a 1.53-acre parcel zoned AU (Auto-Urban-Commercial), perfectly suited for a variety of business uses. Complementing this is a collection of residential assets, including:

  • 110, 112, 114, and 116 Walker Street (PINs 8493, 13362, 73808, 13364) – totaling 1.27 acres, with the rear section of 110 Walker zoned AU.

  • 109 Fulton Street (PIN 13360) – 0.95 acres.

  • An additional 1.2-acre lot off Fulton Street (PIN 72754).

Residential parcels are primarily zoned SU (Semi-Urban-Residential), offering flexible options for future development or repositioning.

Investment highlights

Prime Location Advantages:

  • Situated near the Kings Mountain/Cherryville NC216 Exit.

  • Easy connectivity to HWY 74, only one mile from I-85.

  • Just 3.9 miles from the new Catawba Two Kings Casino, fueling strong growth and demand.

  • Close to downtown Kings Mountain, a market seeing consistent revitalization.

The portfolio includes seven structures: three tenant-occupied and one vacant single-family homes on Walker Street (all with identical layouts except 116 Walker St - 1,190 sq ft - vacant), one home on Fulton Street, a commercial building, and a versatile garage/workshop on Piedmont Avenue.

All properties are offered “As Is-Where Is”, subject solely to city zoning regulations. Floor plans are available for each structure and the garage/workshop.

This portfolio presents investors with the chance to acquire income-producing assets today while holding significant redevelopment or repositioning upside in a rapidly evolving submarket.

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