101 NW Market PL, North Wilkesboro, NC 28659
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Realty Execs Admin

Realty Execs Admin

+1(828) 328-8900
$ 3,500,000
Est. payment | /mo

10.1 Acres Lot

Save
$ 3,500,000
Est. payment | /mo
Save

10.1 Acres Lot

Key Details

Property Type Commercial

Sub Type Building/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 264176

HOA Y/N No

Year Built 1989

Annual Tax Amount $15,097

Lot Size 10.100 Acres

Acres 10.1

Property Sub-Type Building/Land

Property Description

Approximately an 8% CASH ON CASH return, plus extra land to build more tenant space. Long established (37 years) 100% occupied shopping center. Tenants are IGA Grocery Store, Spectrum, Walgreen's & Dollar Tree. Value add component of vacant land that would accommodate approximately 20,000 - 30,000 sq. ft. of additional retail buildings and parking. Parking lot milled as needed, repaved, sealed and striped in 2025. Exterior repainted in 2025. Roofs in excellent shape. 1.64 ac. & .64 ac. outparcels available for $199,000 and $75,000 respectively.

Location

State NC

County Wilkes

Area 26-Outside Of Area

Interior

Heating Electric

Cooling Central Air, Electric, Heat Pump

Fireplace No

Exterior

Exterior Feature None

Parking Features Parking Space(s)

Water Access Desc Public

Roof Type Built-Up

Building

Sewer Public Sewer

Water Public

Schools

Elementary Schools Mulberry

High Schools North Wilkes

Others

Tax ID 1404335

Acceptable Financing Cash, New Loan

Listing Terms Cash, New Loan

High Country MLS
Listed by Finley Properties II, llc

Nearby Locations

Realty Execs Admin

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+1(828) 328-8900

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101 NW Market PL