Investment opportunity or end user investment space. 10 unit retail/flex strip mall. Can be 10 individual units or combined into larger groupings. Excellent location on major highway artery, hwy 70 east. Units 4780 -4788 was built in 1997. Units 4790-4798 was built in 2007. Well suited for retail, office, medical, religious or distribution space. One unit already has kitchen area in place. Another unit has unfinished industrial space. Different configurations per unit and all units adaptable. Large parking area in front (35 spaces) and also space behind the building to add more structures, uses and additional parking. Possible to even add storage units. 'Property is currently 50% leased. Huge opportunity for rental increases. Currently $3900 in monthly rental income at half occupied. Potential for $8000 to $10,000 in monthly income when fully occupied.
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Listing Snapshot
Price
$1,390,000
Days On Site
270 Days
Bedrooms
N/A
Inside Area (SqFt)
16,160 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.92 Acres
Year Built
1997
MLS® Number
10042798
Status
Active
Property Tax
$7,450
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 months ago
Listing updated with changes from the MLS®
7 months ago
Status changed to Active
9 months ago
Listing first seen on site
General Features
Acres
1.92
Additional Property Use
CommercialIndustrialInvestmentPlace of WorshipRetailWarehouse
Foundation
Slab
Number Of Stories
1
Parking
Paved
Parking Spaces
35
Property Sub Type
Retail
Security
Smoke Detector(s)
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Total
16160
Utilities
Cable AvailableCable ConnectedElectricity ConnectedNatural Gas Not AvailablePhone AvailableWater Connected
Water Source
Public
Zoning
Rural AR
Interior Features
Appliances
Water Heater
Cooling
Central AirElectricHeat Pump
Flooring
CarpetConcreteLinoleum
Heating
Heat PumpCentralElectricForced Air
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Exterior Features
Construction Details
BrickSteel Siding
Exterior
Awning(s)Rain Gutters
Lot Features
ClearedPaved
Road Frontage
HighwayState Road
Roof
Metal
Community Features
Accessibility Features
Accessible Approach with Ramp
Financing Terms Available
CashConventionalContract1031 Exchange
Roads
AsphaltPaved
Listing courtesy of Howie Freiling of Fonville Morisey/Brier Creek S
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.
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