5262 US Highway 74 W - Storefront Retail/Residential FOR SALE


Whittier, NC 28789
$1,200,000 USD
828-575-0272
5262 US Highway 74 W, Whittier, NC for Sale
$1,200,000 USD
Storefront Retail/Residential - FOR SALE
1/66
null | Request Cap Rate

5262 US Highway 74 W
Whittier, NC 28789


HIGHLIGHTS

  • Multiple income streams and growth potential
  • 18.04+/- acres
  • Located on well-traveled US-74 and features excellent visibility with 600 FT of road frontage and 24,000 vehicles passing per day
  • Current rental income generated by 32 self-storage units, 13 flea market shops and 1 billboard
  • 15.04+/- acres with graded public R/W, allowing for residential use and additional income potential for building/selling single family homes
  • Ample parking, multiple access points for easy ingress/egress and signage along a busy highway

OVERVIEW

Multiple income streams and growth potential! This 18.04+/- acre property is located on well-traveled US-74 and features excellent visibility with 600 FT of road frontage and 24,000 vehicles passing per day. Current rental income generated by 32 self-storage units, 13 flea market shops and 1 billboard. The back portion of the property has 15.04+/- acres with graded public R/W, allowing for residential use and additional income potential for building/selling single family homes. Site features ample parking, multiple access points for easy ingress/egress and signage along a busy highway. Lots of value-add potential through expanded advertising or redevelopment. Whittier is located in the Great Smoky Mountains along the Tuckasegee River between Bryson City and Dillsboro and features some of the best outdoor activities the area has to offer. Property on shared well and own septic; located in a 500 year flood plain.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

18.04 AC

LAND SF

785,822 SF

ZONING

None

APN/PARCEL ID

7622-05-7562,7622-05-9205

ASK ABOUT THIS PROPERTY

Carla BarnardLikewise Commercial Real EstateMore Info
828-575-0272

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Carla BarnardLikewise Commercial Real EstateMore Info
828-575-0272

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