828-322-7224
1201-1245 16th St NE, Hickory, NC for Sale
Storefront - FOR SALE
1/5
null | Request Cap Rate

1201-1245 16th St NE
Hickory, NC 28601
Outer City Of Hickory


HIGHLIGHTS

  • Multiple address frontage providing excellent visibility along a primary corridor in northeast Hickory.
  • Convenient access to Interstate 40.
  • Located in an active trade area with proximity to established retail, dining, and service providers.
  • Options for multi-tenant occupancy create flexibility in revenue generation and tenant mix.
  • Positioned within a region noted for economic stability and infrastructure investment, supporting sustained demand.

OVERVIEW

This 5.54acre site serves as part of an established mixed commercial area anchored by Dollar Tree, dental offices and other retail and flex users. This offers two income producing buildings totaling 58,225sf and a pad ready buildable lot in Hickory’s active NE corridor. The 51,975sf building is 95% occupied and has been completely renovated with new roofs, water line, sewer line, parking lot resurfaced and new parking lot lighting. Units have been demoed and rebuilt at turnover. The newer 6,250sf was built in 2022. It is 100% occupied with a family dentistry and a pediatric dentist. Featuring direct frontage along a high-trafficked signalized intersection, this location ensures consistent visibility and accessibility for customers. Hickory’s diversified economy—supported by manufacturing, healthcare, and higher education—provides a stable backdrop for long-term investment growth. Nearby new residential developments and consistent consumer activity enhance demand for both retail and general commercial uses.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.06 AC

LAND SF

220,414 SF

ZONING

C-2

APN/PARCEL ID

371315632267

ASK ABOUT THIS PROPERTY

Alicia WilfongPrism Property Management LLCMore Info
828-322-7224

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Alicia WilfongPrism Property Management LLCMore Info
828-322-7224

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