4188 State Hwy 80 S Highway
Burnsville, NC 28714
Est. $4,024/mo — See my rate
About This Home
Exceptional Investment Opportunity: Multi-Use Suite Complex in Celo Community, Yancey County
Welcome to a rare chance to own a thriving commercial property in the heart of Yancey County! Nestled in the picturesque Celo Community, this remarkable multi-use suite complex boasts 22 fully leased units, ensuring immediate cash flow and a waiting list of eager tenants vying for space. Whether you're an experienced investor or looking to diversify your portfolio, this property promises to deliver significant returns and long-term stability.
Key Features:
Prime Location: Just a stone's throw from Burnsville, this complex offers easy accessibility to major roads, drawing in local clientele and businesses. The serene surroundings of the Celo Community complement its commercial potential, making it a desirable place for businesses and tenants alike.
Expansive Complex: Spanning a generous 11,260 sq. ft., this property is comprised of two well-maintained buildings. With 9,055 sq. ft. of heated units, your tenants will be comfortable year-round while the unheated storage unit adds additional income potential for those looking for extra space.
Fully Occupied with Growth Potential: All units are currently rented, generating reliable income from day one. The waiting list of prospective tenants indicates a strong demand for commercial space in the area, suggesting future growth and increased rental rates.
Diverse Business Opportunities: The versatile design of the multi-use suites allows for a variety of businesses to flourish, from professional offices and retail shops to creative studios and service providers. This flexibility attracts a diverse tenant mix, ensuring stability and reduced risk.
Turnkey Investment: This property is not just a building; it's a fully functioning business with proven income. With well-established operations and satisfied tenants, you can step in and continue the legacy of success without missing a beat.
Benefits of This Investment:
Immediate Cash Flow: With all units currently rented and a waiting list, you can start reaping the benefits of your investment right away.
Strategic Growth Potential: The high demand for commercial space in the area presents opportunities for future expansion or rent increases.
Community Appeal: The Celo Community is known for its vibrant atmosphere and strong local economy, making it an attractive place for businesses to thrive.
Easy Management: The complexity of managing multiple tenants is made easier with a well-structured business model and engaged tenant relationships already in place.
This is not just a property; it’s an investment in the future. Don’t miss your chance to take advantage of this fantastic opportunity to own a multi-use suite complex in one of the most sought-after areas of Yancey County. Whether you're seeking to expand your real estate portfolio or embark on a new venture, this property is poised for success.
Contact us today for a private showing and be part of the growth in the Celo Community!
Property Details
Interior Details
- Heating
- Propane
- Separate Meters
- Inclusions
- Building
- Business
- Land
- Sqftwarehouse
- 2205
- Total Bathrooms
- 13
- Sqftmaximumlease
- 0.00
- Sqftminimumlease
- 0.00
- Security Features
- Smoke Detector(s)
- Sqftavailablemaximum
- 11260
- Sqftavailableminimum
- 9055
Dwelling And Structure
- Building Features
- Loading Dock
- Accessibility Features
- Handicap Parking
- Ramp(s)-Main Level
Square Footage And Levels
- Below Grade Finished Area
- 0
Parking And Garage
- Parking Features
- Parking Lot
Exterior Features
- Roof
- Architectural Shingle
- Metal
- Construction Materials
- Wood
- Patio And Porch Features
- Front Porch
Lot And Land
- Lot Features
- Level
- Open Lot
- Creek/Stream
- Other - See Remarks
- Lot Size Acres
- 0.921
- Lot Size Units
- Acres
Basement And Foundation
- Foundation Details
- Crawl Space
Utilities
- Sewer
- Septic Installed
- Utilities
- Cable Available
- Electricity Connected
- Fiber Optics
- Water Source
- Well
Financial Information
- Citytaxespaidto
- No City Taxes Paid
Zoning And Restrictions
- Zoningspecification
- Rental
Multi Unit Details
- Number Of Buildings
- 2
- Total Number Of Units
- 22
Listed by Dan Wahlers (828-467-3401) · RE/MAX RESULTS (828-678-2500)
Location
- Address
- 4188 State Hwy 80 S Highway
- City
- Burnsville, NC 28714
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