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229 Medical Park Rd - Mt. Mourne Springs

1,320 - 3,567 SF Condo Units Offered at $356,400 - $963,090 Per Unit in Mooresville, NC 28117

Executive Summary

***Bank Owned / Foreclosure / REO***

Property Facts

Price $356,400 - $963,090
Unit Size 1,320 - 3,567 SF
No. Units 3
Total Building Size 12,000 SF
Property Type Office
Building Class B
Floors 3
Typical Floor Size 4,000 SF
Year Built 2006
Lot Size 0.04 AC
Parking Ratio 2.5/1,000 SF

3 Units Available

Unit 100

Unit Size 1,320 SF
Price $356,400
Price Per SF $270.00
Condo Use Office/Retail
Sale Type Investment
Sale Status Under Contract
Cap Rate 7.07%
NOI $25,213
Sale Conditions Distress Sale, Bulk/Portfolio Sale, REO Sale
Description

Tenant is Personal Trainer concept that has been in the space since 2018.

Unit 120

Unit Size 2,460 SF
Price $664,200
Price Per SF $270.00
Condo Use Retail
Sale Type Investment
Cap Rate 5.29%
NOI $35,134
Description

Tenant is Miciah's Tavern and they have been in the space for 9 years.

Unit 300

Unit Size 3,567 SF
Price $963,090
Price Per SF $270.00
Condo Use Office/Medical
Sale Type Investment or Owner User
Sale Status Under Contract

Major Tenant Information Click Here to Access

TENANT SF OCCUPIED LEASE END DATE
Miciah's Tavern 99,999 SF SF Jan 0000
Wisdom Movement Methos 99,999 SF SF Jan 0000
Craig Miller DDS 99,999 SF SF Jan 0000

Amenities

  • Signage

zoning

Zoning Code MIXED USE
MIXED USE
  • Listing ID: 34007458

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 229 Medical Park Rd, Mooresville, NC 28117

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