704-762-1148
206-212 N Main St, Davidson, NC for Sale
Office/Residential - FOR SALE
1/12
null | Request Cap Rate

206-212 N Main St
Davidson, NC 28036


HIGHLIGHTS

  • Never before offered for sale
  • The heart beat of historic downtown Davidson
  • Excellent mix of office/retail
  • Staggered leases allow occupancy, diversified income or mark to market opportunity
  • Commuter Red Line to run through downtown Davidson

OVERVIEW

206–212 S Main Street is a fully leased, mixed-use office and retail project in the heart of downtown Davidson. The offering delivers strong in-place income from established, iconic local and national operators, plus upside as below-market leases expire. The Town of Davidson's nationally recognized planning ordinance significantly restricts new development downtown, meaning this corridor sees virtually no new supply and historically low vacancy. Properties of this type never come to market and will likely continue to experience limited future competition. The quaint and desirable town of Davidson is known for the highly competitive Davidson College, the Village Green concerts, art walks, the weekly Farmers Market, and signature events that bring in visitors from all over such as Christmas in Davidson. 40.1% of the 5,589 households in Davidson earn over $200,000 per year. With the Charlotte MSA growing the fastest of any large metro over the past year and Davidson holding as one of the most affluent and desirable pockets of Charlotte, it is easy to see how this incredibly rare offering is a once-in-a-lifetime opportunity. Tours by appointment only — please do not disturb tenants.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

VCP

APN/PARCEL ID

003-258-04

ASK ABOUT THIS PROPERTY

Chandler KnoxPark Commercial Real EstateMore Info
704-762-1148

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Chandler KnoxPark Commercial Real EstateMore Info
704-762-1148

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