3894 US Hwy 321 - Retail FOR SALE


Blowing Rock, NC 28605
$1,150,000 USD
877-962-1986
3894 US Hwy 321, Blowing Rock, NC for Sale
$1,150,000 USD
Retail - FOR SALE
1/28
null | Request Cap Rate

NEW


3894 US Hwy 321
Blowing Rock, NC 28605


OVERVIEW

Commercial building located on busy Hwy 321 between Boone and Blowing Rock is currently a retail store for CBD and Cannabis. Outstanding location! The property has a strong history as a retail establishment. The building includes 3 levels for the retail store. There is also an owner’s quarters which includes 4 rooms and 2 full bathrooms, plus a kitchen (with laundry hookups), living room, and access to two exterior deck areas. The retail area has 2 half baths, one of which has an exterior access. The property also includes a laundry utility room off the main level retail space. There are 2 fireplaces one of which is in the retail space. There is an additional detached garage apartment that was recently remodeled above the garage space that is 1 bed 1 bath with a rear porch. The apartment has a long term tenant. The detached garage portion has a half bath and high ceilings for storage. Excellent overall location with high visibility and traffic count with 229 ft of Hwy 321 road frontage and 712 ft of New River frontage across the highway as shown by the Tax Mapping System (not an actual survey). Additional income generated by the billboard lease. The health department issued a notice of noncompliance, but it does not require any changes to the current system unless the system is altered from the current state. Email from health department with additional details available upon request.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

-

APN/PARCEL ID

2819-82-1844-000

ASK ABOUT THIS PROPERTY

Lisa HolmesBlue Ridge Realty & Investments, LLCMore Info
877-962-1986

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Lisa HolmesBlue Ridge Realty & Investments, LLCMore Info
877-962-1986

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