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207 E Virginia Ave - Possible three story townhomes

0.88 Acres of Commercial Land Offered at $299,000 in Bessemer City, NC 28016

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Investment Highlights

High visibility and traffic near Center City
Sidewalk in place
Alleyway in back of property for more access!

On street parking
New health care facility Kintegra is finished across the street and is open October 2024.
Have letter for free water connection taps.

Executive Summary

Remarkable opportunity to invest or develop in downtown Bessemer City that is part of one of the fastest growing counties in the area. This property is minutes away from Caromont Hospital, new Fuse district, new Two Kings Casino and hiking at Crowders Mountain. Also planned in Bessemer City is Osage Mills lofts which is completed and leasing currently. The project which will feature plans for creating 139 one, two and three bedroom apartments inside the 245,000 square foot building. New construction of Kintegra medical complex located directly across the street is open as of October 1st, 2024 and features dental, medical and other comprehensive medical facilities. These two parcels are the best location to downtown Bessemer City. Osage Mills is a quick one minute walk with on street parking, sidewalks in place and alleyway located directly behind adjoins parcels. Possible for rezoning to three story townhomes in Center Center Zoning. Another .80 parcel recently approved for 19 three story townhomes July 30, 2024 by Bessemer City.

Professional Flyer 207 Virginia Ave 4-23-23

Property Facts

Price	$299,000	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	Redevelopment Project	Proposed Use	Commercial Retail Office Multifamily Apartment Units Fast Food
No. Lots	1	Total Lot Size	0.88 AC

Price	$299,000
Sale Type	Investment
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Multifamily Apartment Units Fast Food
Total Lot Size	0.88 AC

1 Lot Available

Lot

Price	$299,000	Lot Size	0.88 AC
Price Per AC	$339,773

Price	$299,000
Price Per AC	$339,773
Lot Size	0.88 AC

0.88 AC property available for $299,000

Description

Osage Mills is currently leasing the 139 apartments and will add 8% population to Bessemer City when fully leased. Remarkable opportunity to invest or develop in downtown Bessemer City that is part of one of the fastest growing counties in the area. This property is minutes away from Caromont Hospital, new Fuse district, new Two Kings Casino and hiking at Crowders Mountain. Our two parcels are within a two minute walk to Osage Mills and downtown Bessemer City which features restaurants and retail along a sidewalk already in place on parcels. Road frontage is 275 feet along East Virginia Avenue. This is a highly visible and high traffic location! Parcel # 121417 is included in total acreage. Kintegra medical complex is completed and open as of October 1, 2024. Recently approved 7/30/24 close by on .80 acres 19 three story townhomes.

PROPERTY TAXES

Parcel Number	121417	Improvements Assessment	$0
Land Assessment	$31,360	Total Assessment	$31,360

PROPERTY TAXES

Parcel Number

121417

Land Assessment

$31,360

Improvements Assessment

Total Assessment

$31,360

zoning

Zoning Code	CC (Center Zoning - Ideal plans would include retail on 1st floor and residential floors 2-3. Recently approved project located at 103 S. 8th Street.)
CC (Center Zoning - Ideal plans would include retail on 1st floor and residential floors 2-3. Recently approved project located at 103 S. 8th Street.)