1117-1127 2nd Street NE

Hickory, NC 28601

MLS#: 4381316

$895,000

Status: Active
Listing number: 4381316
Listing provided by: Weston Capital Group LLC
Listing agent phone: None
Last update: 10 days ago
On site: 15 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1955

Sq.Footage

0

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) was recently rented with about 2 years remaining. 1125 2nd St NE is 2250sf, 2 baths, office, showroom and work space is currently rented with nearly 2 years remaining. 1127 2nd St NE is 2000 sf retail and is currently rented with nearly 1.5 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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    NO

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $895,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Senior Community YN

    NO

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Location

County

Catawba

Elementary School

Middle School

High School

Listing Courtesy of Fletcher Edens , Weston Capital Group LLC

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Agent Mary Patrella

Agent

Mary Patrella

Call Mary today to schedule a private showing.

(914) 434-0861

(803) 599-3527

mary@prestinoadvantage.com


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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) was recently rented with about 2 years remaining. 1125 2nd St NE is 2250sf, 2 baths, office, showroom and work space is currently rented with nearly 2 years remaining. 1127 2nd St NE is 2000 sf retail and is currently rented with nearly 1.5 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.

1117-1127 2nd Street NE

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