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1862 Highway 70 SE

2,647 SF Retail Building Hickory, NC 28602 For Sale

Investment Highlights

  • Heavily trafficked site with traffic counts of 20,000 VPD on Hwy 70 SE
  • Abundant parking
  • Drive-thru with 4 lanes

Executive Summary

3,308 SF former Bank branch in ideal location on a retail corridor, with nearby national retailers including Chick Fil A, McDonald’s, Arby’s, Chipotle, Walmart, Lowe’s Home Improvement and more.
EASY ACCESS: located at the signalized intersection on Hwy 70 SE, providing superior access
LARGE SITE: at ±2 acres, there are a wide variety of uses and redevelopment potential, including ability for multiple tenants
HIGH VISIBILITY: Heavily trafficked site with traffic counts of 20,000 VPD on Hwy 70 SE
DRIVE-THRU: Drive-thru with 4 lanes
ABUNDANT ONSITE PARKING: 31 spaces, and ability to add more if needed
GENEROUS ZONING: Zoned C-3 District, intended to provide a full range of retail and service business that serves both local and regional market

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
2,647 SF
Building Class
B
Year Built/Renovated
1987/1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.99 AC
Zoning
C-3 - C-3 District is intended to provide a full range of retail and service business that serves both local and regional market.
Parking
31 Spaces (11.71 Spaces per 1,000 SF Leased)
Frontage
112 FT on Highway 70 SE

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

Nearby Major Retailers

ALDI
Red Lobster
First Watch
Five Guys
Longhorn Steakhouse
Starbucks
Outback Steakhouse
Carrabba’s Italian Grill
Waffle House
Hooters

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3712195030320000
Land Assessment
$1,098,300
Improvements Assessment
$443,800
Total Assessment
$1,542,100
  • Listing ID: 30177092

  • Date on Market: 11/28/2023

  • Last Updated:

  • Address: 1862 Highway 70 SE, Hickory, NC 28602

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