1117 1127 2nd Street
Hickory, NC 28601
Est. $5,145/mo — See my rate
About This Home
Three contiguous commercial income buildings and parking lot offered together in the heart of Viewmont. 26000+ estimated daily traffic count. 1117+1119 2nd St NE is potentially 3 rental units, 4500sf with 4 bathrooms, break room, conference rooms, and showroom space.
The front right portion (1119 front) was recently rented with about 2 years remaining. 1125 2nd St NE is 2250sf, 2 baths, office, showroom and work space is currently rented with nearly 2 years remaining. 1127 2nd St NE is 2000 sf retail and is currently rented with nearly 1.
5 years remaining. Purchase cap rate with 2 vacant spaces is 6%. Pro forma cap rate at full occupancy is 10%+.
The front of each building offers 11 parking spaces (5, 3, and 3). 1125 and 1127 offer 3 more parking spaces each abutting each rear entry. The parking lot, Parcel ID: 370311659487, includes 16 additional parking spaces.
Agent is partial owner.
Property Details
Interior Details
- Inclusions
- Building
- Fixtures
- Land
- Total Bathrooms
- 7
- Sqftmaximumlease
- 0.00
- Sqftminimumlease
- 0.00
- Sqftavailablemaximum
- 8750
- Sqftavailableminimum
- 8750
Square Footage And Levels
- Below Grade Finished Area
- 0
Exterior Features
- Roof
- Flat
- Construction Materials
- Brick Partial
Lot And Land
- Lot Size Acres
- 0.43
- Lot Size Units
- Acres
Basement And Foundation
- Foundation Details
- Crawl Space
- Slab
Financial Information
- Citytaxespaidto
- Hickory
Zoning And Restrictions
- Zoningspecification
- Hickory
Multi Unit Details
- Number Of Buildings
- 3
- Total Number Of Units
- 5
- Number Of Leased Units
- 5
Listed by Fletcher Edens (828-228-2010) · Weston Capital Group LLC (828-228-2010)
Location
- Address
- 1117 1127 2nd Street
- City
- Hickory, NC 28601
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