117-121 Main St, King, NC 27021
9,322 SF | 100% Leased | Retail Building | King, NC 27021 | $798,500 ($86/SF)
For Sale
Active
Asking Price $798,500
- Property Type
-
Retail
- Square Feet
- 9,322 SF
- Price / Square Foot
- $86
Listing Contacts
Property Overview
Prime Downtown King, NC Location! There's 2 new restaurants, 2 bakeries, 2 retail buildings being renovated in Downtown King, NC. Other buildings are being renovated now but owners are not ready to announce. This space will be perfect for a combines space for a Outdoors Retailer, Craft Beer Taproom and 2-3 possible Vacation Rentals on the upper level. With 2 State Parks within (Pilot Mountain & Hanging Rock) 15-20 minutes from King, NC downtown is becoming a hotspot for a walkable atmosphere downtown. There has been 500+ new construction built in the City of King in the past 2.5 years with another 500+ in the next 2.5 years. This would be a great investment for an owner user or rent some of the space for increased income. The Downtown King Partnership is working with the City of King and Main Street Rural Planning Program with the State of NC to revitalize Downtown King. There are possible Historic Tax Credits available. There's currently 4-6 street events in Downton King that bring in 4000-6000 per event. This building will be getting in on the ground level of the downtown updates in downtown. These building will become more valuable as the revitalization finishes.
Property Details
- Class
- C
- Year Built
- 1900
- Stories
- 2
- Property Subtype
- Storefront Retail/Office, Storefront Retail/Residential
Highlights
- Downtown Retail with 5700+/- Sf on Main Level
- Possible Vacation Rental Units on Upper Level
- Possible Mixed Use Retail with Multiple Units on Main Level
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