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Mooresville Executive Center 948 N Main St

2,948 SF Vacant Retail Building Mooresville, NC 28115 $375,000 ($127/SF)

Investment Highlights

  • Stand Alone Property
  • Value Add Opportunity
  • Developing Area
  • Near Historic Downtown Mooresville
  • 11,000 AADT 2021 per NCDOT
  • Commercial Zoning

Executive Summary

Prime investment opportunity on desirable North Main Street near Historic Downtown Mooresville. Building is currently unoccupied offering a new owner redevelopment possibilities with the in-place commercial zoning. Currently separated into five office suites with lease up potential or repositioning into other uses. Deferred Maintenance such as windows and roof may need to be addressed by new owner.

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,948 SF
Building Class
C
Year Built
1906
Price
$375,000
Price Per SF
$127
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.50 AC
Zoning
CM

Nearby Major Retailers

Curves
Food Lion
Truist
Fifth Third Bank
First Bank NC
Bank of America
Walmart Neighborhood Market
Rent-a-center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4667-54-8153.000
Land Assessment
$100,000
Improvements Assessment
$109,800
Total Assessment
$209,800
  • Listing ID: 30624369

  • Date on Market: 1/10/2024

  • Last Updated:

  • Address: 948 N Main St, Mooresville, NC 28115

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