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530 S Key St - Nunn Building

5,136 SF Specialty Building Offered at $289,900 at a 7.24% Cap Rate in Pilot Mountain, NC 27041

Specialty Properties North Carolina Pilot Mountain 530 S Key St, Pilot Mountain, NC 27041

Investment Highlights

  • Vacation Rental
  • Pilot Mountain, NC / Mayberry!!!
  • Apartments

Executive Summary

Historic Downtown Pilot Mountain, NC!!! Commercial building for sale with 2 Vacation Rental Units on the Main Level and 1 Apartment in the Lower Level. It is currently being rented with approved rental dates for the vacation rentals and the lower apartment has a longtime tenant that would like to stay. There's opportunity to grow the vacation rentals with some updates.

Attachments

Memorandum Flyer_090324-2

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $289,900 Property Subtype
Lodge/Meeting Hall
  • Specialty Self Storage
Price Per SF $56 Lot Size 0.44 AC
Sale Type Investment or Owner User Building Size 5,136 SF
Cap Rate 7.24% No. Stories 2
Property Type Specialty Year Built/Renovated 1954/1990
Price $289,900
Price Per SF $56
Sale Type Investment or Owner User
Cap Rate 7.24%
Property Type Specialty
Property Subtype
Lodge/Meeting Hall
  • Specialty Self Storage
Lot Size 0.44 AC
Building Size 5,136 SF
No. Stories 2
Year Built/Renovated 1954/1990

Amenities

  • Air Conditioning

Links

1 of 1

PROPERTY TAXES

Parcel Number 5966-19-50-9849 Improvements Assessment $43,520 (2024)
Land Assessment $100,240 (2024) Total Assessment $143,760 (2024)

PROPERTY TAXES

Parcel Number
5966-19-50-9849
Land Assessment
$100,240 (2024)
Improvements Assessment
$43,520 (2024)
Total Assessment
$143,760 (2024)

zoning

Zoning Code GB (General Business - Town of Pilot Mountain, NC)
GB (General Business - Town of Pilot Mountain, NC)
(336) 682-4075

Contact

  • Listing ID: 32971494

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 530 S Key St, Pilot Mountain, NC 27041

More public record information on 530 S Key St, Pilot Mountain, NC 27041

The Specialty Property at 530 S Key St, Pilot Mountain, NC 27041 is currently available for sale. Contact Kent Hunter Realty for more information.

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530 S Key St - Nunn Building
(336) 682-4075 x

530 S Key St - Nunn Building

Kent Hunter

(336) 682-4075

(336) 682-4075

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