5858 Old Hendersonville Hwy - Specialty FOR SALE


Penrose, NC 28766
$325,000 USD
828-883-4663
5858 Old Hendersonville Hwy, Penrose, NC for Sale
$325,000 USD
Specialty - FOR SALE
1/19
null | 4.92% Cap Rate

May '30


5858 Old Hendersonville Hwy
Penrose, NC 28766


OVERVIEW

Commercial building available just 0.15 miles from the Ecusta Trail. Currently operating as the Penrose Post Office with a leas in place until May 21, 2030, this building offers a decent ROI while the Ecusta Trail is being constructed. Highest and best use is likely to be a business that caters to users of the trail after the Post Office lease expires. HVAC system replaced 2 months ago. Metal roof installed 18 months ago and commercial grade vinyl plank flooring was installed 3 years ago. Great opportunity for an investor who wants to get an ROI while the property appreciates as the Ecusta Trail nears completion. *Actual building footprint is closer to 1100sq ft per property records, but the PO lease is for 840sq ft.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$387 USD /SF

CAP RATE

4.92%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

None

APN/PARCEL ID

9517-33-5927-000

ASK ABOUT THIS PROPERTY

Jeff BaucomLooking Glass Realty LLCMore Info
828-883-4663

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Jeff BaucomLooking Glass Realty LLCMore Info
828-883-4663

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