1128 N Main St
3,020 SF 100% Leased Retail Building Oakboro, NC 28129 $360,000 ($119/SF)
Investment Highlights
- Heavy traffic
- Lots of Growth (Charlotte Pipe and Foundrys)
- Low Competition (Food Industry)
Executive Summary
Located on bustling North Main Street in Oakboro, this prime property offers high visibility and easy accessibility, ideal for a restaurant owner/operator or savvy investor. The retail center spans over 3,000 square feet, featuring flexible space that can accommodate 2-3 units, allowing for a range of retail concepts and customization options. Currently, the property is occupied by a successful restaurant and a church, making it a vibrant business location. With Charlotte Pipe and Foundry’s recent $460 million dollar investment on a massive state-of-the-art foundry in Oakboro on 700 acres, thousands of new jobs are expected in the area. Oakboro has limited dining options, presenting a unique opportunity to establish a strong foothold in a growing market. Don’t miss this chance to leverage Oakboro’s expanding economy.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,020 SF
Year Built
1960
Price
$360,000
Price Per SF
$119
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.49 AC
Zoning
Highway Business - Highway Business
Frontage
220 FT on N Main St
Amenities
- Freeway Visibility
- Restaurant
- Signage
PROPERTY TAXES
Parcel Number | 6504-03-11-5637 | Improvements Assessment | $41,912 |
Land Assessment | $15,479 | Total Assessment | $57,391 |