201 S Main St - Specialty FOR SALE


Belmont, NC 28012
$500,000 USD
704-865-9524
201 S Main St, Belmont, NC for Sale
$500,000 USD
Specialty - FOR SALE
1/3
null | Request Cap Rate

201 S Main St
Belmont, NC 28012


HIGHLIGHTS

  • High foot and street traffic

OVERVIEW

Real Estate Auction Historic Building 201 S. Main Street Belmont, NC Online bidding ends August 27th at 2:00pm! 6,000 +/- sq.ft. 0.19 Acre corner lot Zoned NC-C (mixed use) Open concept interior *** Go to mcleanbid.com to bid your price *** Prime Investment Opportunity in Belmont's Commercial Corridor This exceptional property offers approximately 6,000 square feet of versatile space on a 0.19-acre corner lot, zoned NC-C for mixed use. The interior boasts an open concept design, featuring a spacious foyer, a well-appointed kitchen, and bathrooms on both the upper and lower levels. Located in the heart of Belmont, this property benefits from high foot and car traffic, making it an ideal investment for those looking to expand their portfolio or launch a new enterprise. The strategic location ensures maximum visibility and accessibility. This is a unique opportunity to restore an existing brick building and give it a new purpose in a convenient downtown Belmont location. Whether you envision a retail space, office, or mixed-use development, this property offers the flexibility to meet your needs. Don't miss out on this chance to invest in Belmont's thriving commercial district and capitalize on this cornerstone area of growth and development. Terms: A deposit of $10,000 is required as an earnest money deposit in the form of cash, personal check, certified check or wire transfer. The earnest money deposit is a credit towards the purchase price only at closing and is due immediately after confirmation that your bid has been accepted with time being of the essence. The balance of the contract purchase price is due at closing, which shall be in thirty days to no more than thirty-seven days per contract or upon delivery of the deed. In the event the Seller cannot produce a deed with an insurable title, the earnest money deposit will be refunded to the Buyer. Closing will be as specified in the Auction Purchase Contract. Conventional financing is welcome, however, the auction sales contract is not contingent on or subject to financing, appraisal, survey or inspections, or repairs of any kind, as agreed to by the Bidders and/or Buyers at registration and specified in the Auction Purchase Contract. Property will be sold with a good, clear marketable title. Due diligence ends auction day. Auctioneer’s Note: All information and dimensions were derived from sources believed to be correct but not guaranteed. Buyers shall rely on their own information, judgement, and inspection of property. All auction day announcements take precedence over any previously printed material, or any other oral statements made. McLean Auction & Realty 704-865-9524 Col. Blake McLean NCAL 5310 Willie Sutton NCRL 36716 NCALF 10073

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Sorority/Fraternity House

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

NC-C

APN/PARCEL ID

126716

ASK ABOUT THIS PROPERTY

Blake McLeanMcLean Auction & Realty CoMore Info
704-865-9524

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

Blake McLeanMcLean Auction & Realty CoMore Info
704-865-9524

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