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120 N Main St

7,080 SF Retail Building Marion, NC 28752 $1,275,000 ($180/SF)

Storefront Properties North Carolina Marion 120 N Main St, Marion, NC 28752

Investment Highlights

  • Corner lot.
  • In the heart of downtown Marion.

Executive Summary

Outstanding downtown redevelopment opportunity! Potential repurpose uses include medical, financial or government offices, freestanding retail, restaurant, brewery, mixed use and /or other uses permitted under current zoning. This "park like," CBD zoned 1.61 acre land area lies in the "heart of the city" and has no yard, minimum lot size or height restrictions.! The corner cite is bordered on 3 sides by city streets and features level to gentle topography, lush trees/landscaping, significant on-site paved parking and upside subdivision potential. The spacious office/suite layout, quality interior finishes and drive-thru facility create a myriad of re-purpose opportunity in this "be safe" world. Great user, investor or flip opportunity! A national credit tenant lease is in place for the remaining 2 year term; seller open to a long term credit tenant lease deal or potential 1031!

Attachments

04152-Marion Main Office-PITB-4152-4. Survey

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,080 SF
Building Class
C
Year Built
1980
Price
$1,275,000
Price Per SF
$180
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.61 AC
Zoning
CBD - Commercial
Parking
49 Spaces (7.98 Spaces per 1,000 SF Leased)
Frontage
200 FT on N. Main Street
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Nearby Major Retailers

WW
Fifth Third Bank
First Bank NC
Workout Anytime
Ingles
Starbucks
United Grocery Outlet

PROPERTY TAXES

Parcel Number 1701-07-68-4082 Improvements Assessment $937,020
Land Assessment $60,000 Total Assessment $997,020

PROPERTY TAXES

Parcel Number
1701-07-68-4082
Land Assessment
$60,000
Improvements Assessment
$937,020
Total Assessment
$997,020
(828) 674-4350

Contact

  • Listing ID: 24831834

  • Date on Market: 1/13/2022

  • Last Updated:

  • Address: 120 N Main St, Marion, NC 28752

More public record information on 120 N Main St, Marion, NC 28752

The Retail Property at 120 N Main St, Marion, NC 28752 is currently available for sale. Contact NAI Beverly-Hanks for more information.

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120 N Main St
(828) 674-4350 x

120 N Main St

Mark Morris

(828) 674-4350

(828) 674-4350

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