224 Highway 24 27 E - Freestanding FOR SALE


Midland, NC 28107
$500,000 USD
704-578-5580
224 Highway 24 27 E, Midland, NC for Sale
$500,000 USD
Freestanding - FOR SALE
1/17
null | Request Cap Rate

224 Highway 24 27 E
Midland, NC 28107


HIGHLIGHTS

  • Commercial Zoning
  • Corner Parcel on NC Higway 24/27 East
  • 21,000 VPD

OVERVIEW

Zoned commercial/retail (C 24/27) which allows for many retail and commercial uses. Great visibility and road frontage off of busy highway 24-27 (21,000+ VPD) with quick and easy access to I-485. Building was previously used as a hair salon and church. Property enjoys a walk out basement with significant storage and/or expansion opportunities and wrap around driveway. Many possibilities and uses are available! The +/-1 acre parcel (12250 Hartwood Rd) located directly behind the property is also available which would allow for more parking and other commercial possibilities (currently zoned residential with a rezoning to commercial option).

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$313 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Commercial/Retail | Hwy 24-27 | 20,000+ VPD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center, Storefront Retail/Office, Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

C 24/27

APN/PARCEL ID

5534-19-5049-0000

ASK ABOUT THIS PROPERTY

Josh ScalesColdwell Banker Commercial RealtyMore Info
704-578-5580

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Josh ScalesColdwell Banker Commercial RealtyMore Info
704-578-5580

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.