Listed by The Meridian Realty Group
$430,000
1489 N. Main Street
Details
APN 5749-20-2364
Property Type Retail, Office
Sub Type Executive Office, Commercial
Square Footage 11,440
Cap Rate 9.50%
Tenancy Multi
Price per SqFt $38
Year Built 1954, 2021
Buildings 1
Stories 2
Acreage 0.540
Zoning Highway Commercial (HC)
Parking Spaces 7 spaces
Parking Per SqFt 0.61
Investment Type Owner/User
Retail | 9.50% CAP | 11,440 SqFt
Marketing description
This fully leased commercial property is an attractive investment opportunity located with frontage on N. Main Street (Hwy 158) in Mocksville, NC. This versatile property features a 10,090± sf front building that has office and shop space on the main level with a combination of basement office and storage space (4,608± sf each floor). Behind the front building is a 1,350± sf metal garage built in 2021. Ideal for a variety of potential uses. Financials are available upon request.
Investment highlights
- Fully leased to 4 tenants:
- Upper level - Tenant 1
- Lower level - Tenant 2 &3
- Garage - Tenant 4
- Flexible lease terms, Ideal for investor or owner/user
- Cap rate: 9.5%
- 10,090± SF front building
- 1,350± SF metal garage
- Avail sf±: 11,440
- sf per Floor±: 4,608 (front building)
- Building sf±: 11,440 combined total
- Office sf±: 10,090
- Retail sf±: 10,090
- Whse sf±: 1,350
Listing Contacts
Listed by The Meridian Realty Group
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