440-442 E Long Ave - Medical FOR SALE


Gastonia, NC 28054
$875,000 USD
704-577-9622
440-442 E Long Ave, Gastonia, NC for Sale
$875,000 USD
Medical - FOR SALE
1/2
null | 7.6% Cap Rate

440-442 E Long Ave
Gastonia, NC 28054


HIGHLIGHTS

  • Fantastic location - ideal for investors
  • Turnkey medical office

OVERVIEW

4,480 SF freestanding Medical Office for sale less than a mile away from downtown and Gastonia's new Franklin Urban Sports & Entertainment (FUSE) district and a mile away from I-85. The location is ideal for investors being 2 blocks away from N. Broad St. which intersects with Downtown's main road E. Franklin St — There will be plenty of future development along this corridor. The Seller will do a 5 year Leaseback at a market rate which at asking price yields a 7% cap rate. He operates a Pulmonary Sleep Allergy Clinic and a Financial Services company out of the building. Please do not disturb the business and contact Vast Commercial for additional information.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

7.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

OFF01

APN/PARCEL ID

104574

ASK ABOUT THIS PROPERTY

Darrel WilliamsVast CommercialMore Info
704-577-9622

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Darrel WilliamsVast CommercialMore Info
704-577-9622

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