Properties

Property Description

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) is recently rented for 3 years. 1125 2nd St NE is 2250sf, 2 baths, office, showroom and work space is currently rented with nearly 3 years remaining. 1127 2nd St NE is 2000 sf retail and is currently rented with nearly 2 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.

Address Map
US
NC
Catawba
Hickory
28601
2nd
1117-1127
Street
W82° 39' 53.3''
N35° 44' 54.4''
NE
NC
MLS Addon
Weston Capital Group LLC
Fletcher Edens
$0
$0
$0
Additional Information
: Brick Partial
: Crawl Space, Slab
5
1
Listing Information
76034
12281
Active
2025-01-25T18:17:03Z
Canopy
: None
2025-01-24T17:14:00Z

Commercial Sale For Sale

1117-1127 2nd Ne Street, Hickory, North Carolina 28601

7 Bathrooms
$978,000
Listing ID #4216220
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 4216220
Price : $978,000
Bathrooms : 7
Year Built : 1955
Status : Active
Property Sub Type : Retail Center
Roof : Flat
Agent info
Contact Agent