Listing ID: 3806291
Price: $828,000
Status: Active Under Contract
Address: 12458-12486 Hwy 226 Highway
City: Spruce Pine
State: North Carolina
Postal Code: 28777
SqFt: 8,280
Acres: 0.450
County: Mitchell
Spruce Pine
NC
28777
Great investment property that has long term tenants and has been well maintained. Fully leased. Current tenants and longevity: BBQ restaurant-3 years, Subway - 20 years, Hair Salon-13 years, Law Office-12 years, Tattoo Parlour - 2 years. Drive thru window. Rent proforma with Net Operating Income available with a signed Confidentiality Agreement. Contact listing agent to tour the property and give at least 24 hour notice.

Primary Features

County: Mitchell
Property Sub Type: Commercial
Property Type: Commercial
Year Built: 1973

Interior

Ceiling Height Feet: 8
Flooring: Carpet, Concrete
Heating: Electric, Natural Gas
SqFt Available Maximum: 8280
SqFt Available Minimum: 8280
Stories Total: 1

External

Construction Type: Site Built
Flood Plain: No
Foundation Details: Slab
Lot Size Units: Acres
New Construction: no
Number Of Buildings: 2
Number Of Units Total: 6
Parking Total: 40
Rail Service: No
Road Frontage: 268
Road Frontage Type: Highway
Road Responsibility: Public Maintained Road
Roof: Flat, Metal
Sprinkler: None
Structure Type: Food Service
Utilities: City Sewer, City Water, Electricity Available, Natural Gas Available, Telephone On-Site

Location

Building Area Total: 8280
Elevation: 2500
HOA Subject To: None
Inside City: yes
Zoning Description: None

Additional

Deed Reference: 517/789
Documents: Aerial Photo,Brochure,Proforma
Miscellaneous: None
Possible Use: Commercial
Property Sub Type Secondary: Retail
Table: Listing - Commercial

Financial

Easement: None
Gross Scheduled Income: 68023
Inclusions: Building
Net Operating Income: 54800
Operating Expense: 13223
Proposed Special Assessment: no
Restrictions: None
Restrictions Description: None
Special Listing Conditions: None
Transaction Type: For Sale

Zoning Info


Area Info


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