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$ 978,000
Est. payment | /mo
7 Baths
0.43 Acres Lot
$ 978,000
Est. payment | /mo
7 Baths
0.43 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail Center
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4216220
Year Built 1955
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Retail Center
Property Description
Three contiguous commercial income buildings and parking lot offered together in the heart of Viewmont. 26000+ estimated daily traffic count. 1117+1119 2nd St NE is potentially 3 rental units, 4500sf with 4 bathrooms, break room, conference rooms, and showroom space. The front right portion (1119 front) is recently rented for 3 years. 1125 2nd St NE is 2250sf, 2 baths, office, showroom and work space is currently rented with nearly 3 years remaining. 1127 2nd St NE is 2000 sf retail and is currently rented with nearly 2 years remaining. Purchase cap rate with 2 vacant spaces is 6%. Pro forma cap rate at full occupancy is 10%+. The front of each building offers 11 parking spaces (5, 3, and 3). 1125 and 1127 offer 3 more parking spaces each abutting each rear entry. The parking lot, Parcel ID: 370311659487, includes 16 additional parking spaces. Agent is partial owner.
Location
State NC
County Catawba
Zoning Hickory
Interior
Inclusions Building, Fixtures, Land
Exterior
Roof Type Flat
Street Surface Paved
Building
Dwelling Type Site Built
Foundation Crawl Space, Slab
Structure Type Brick Partial
New Construction false
Others
Senior Community false
Restrictions Signage,Use,Other - See Remarks
Special Listing Condition None
© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Fletcher Edens • Weston Capital Group LLC • fletcher@lakejames.com
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Mike Sposato
Broker-Owner | Lic# NC 207515 | SC 47843