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$ 879,999
Est. payment | /mo
1.85 Acres Lot
$ 879,999
Est. payment | /mo
1.85 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4328637
Year Built 1970
Lot Size 1.850 Acres
Acres 1.85
Property Sub-Type Retail
Property Description
Two stand alone, occupied buildings on one parcel for Sale at a 7.8% cap rate, in Bakersville, NC.
Current tenants include 7,500 SF Dollar General (current term expires July 31, 2028 with 1 remaining renewal option) and 3,000 SF French Broad Electric office building comprising 1,500 SF of finished office and a 1,500 SF basement (on a month-to-month lease). With limited retail development options and minimal competition in the surrounding area, this asset presents a unique opportunity for stable income and future upside.
Contact broker Scott Raines for showings and additional details.
Current tenants include 7,500 SF Dollar General (current term expires July 31, 2028 with 1 remaining renewal option) and 3,000 SF French Broad Electric office building comprising 1,500 SF of finished office and a 1,500 SF basement (on a month-to-month lease). With limited retail development options and minimal competition in the surrounding area, this asset presents a unique opportunity for stable income and future upside.
Contact broker Scott Raines for showings and additional details.
Location
State NC
County Mitchell
Zoning C01
Interior
Inclusions Building, Land, Other
Exterior
Street Surface Paved
Building
Dwelling Type Site Built
New Construction false
Others
Senior Community false
Restrictions Other - See Remarks
Special Listing Condition None
© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Scott Raines • Dewey Property Advisors • [email protected]