Shelby, NC 28150,131 W Marion ST
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Jonathan And Melissa Edmiston

Jonathan And Melissa Edmiston

+1(919) 391-6377
$ 350,000
Est. payment | /mo

2,613 Sqft Lot


Save
$ 350,000
Est. payment | /mo
Save

2,613 Sqft Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4158600

Year Built 1925

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Office

Property Description

Fully leased income property located in uptown Shelby.
131 W. Marion Street (2 units)

Current annual rent = $29,220
NOI = $22,365
Cap Rate = 6.4%

Location

State NC

County Cleveland

Zoning CB

Interior

Heating Central

Cooling Multi Units

Flooring Concrete, Laminate

Inclusions Building, Land

Exterior

Utilities Available Cable Connected, Electricity Connected, Underground Power Lines, Wired Internet Available

Roof Type Rubber

Street Surface Paved

Accessibility Two or More Access Exits

Building

Foundation Crawl Space

Sewer Public Sewer

Water City

Structure Type Block,Brick Partial

New Construction false

Others

Senior Community false

Restrictions No Restrictions

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Subject to Lease

Listed by Bill McCarter • Foothills Commerical Real Estate LLC • bill.mccarter@foothillscommercial.com
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(919) 391-6377

jonathan@homesmartexpert.com

7072 NC HWY 751 Suite 101, Durham, NC, 27707

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131 W Marion ST