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Listing ID: 3672652
Price: $800,000
Status: Active Under Contract
Address: 2209 Charlotte Highway
City: Mooresville
State: North Carolina
Postal Code: 28117
Acres: 7
County: Iredell
Mooresville
NC
28117
Mixed Use CMX ZONING~Immediate Income Producing Property! SELLER FIRM ON PRICE.Excellent Light Industrial Development Potential! 4 Dwellings & 7 acres of flat level land on the high traffic Charlotte Hwy, approx 21,500 vehicles daily. Offering over 260' of Road Frontage this property has great visibility and a highly sought-after location. Next to Mooresville city limits. 4 connecting parcels primarily zoned CMX! Commercial properties surround this acreage. FOUR nicely kept rental houses, all occupied, no lease in place because of the long term tenants, offering an income of approx $3550/month which is way below market value. Owner has kept the rent low for the current tenants, the areas rental market calls for a much higher rent/month per house. WATER line @ street will need to contact Mooresville to discuss options for hook up. Current houses have well & septics. Sq Ftg is approximate. Town of Mooresville Jurisdiction. Property is NOT in city limits.

Primary Features

County: Iredell
Property Sub Type: Commercial
Property Type: Commercial
Year Built: 1948

Interior

SqFt Available Maximum: 4000
SqFt Available Minimum: 4000

External

Construction Type: Site Built
Lot Size Units: Acres
New Construction: no
Road Frontage: 263
Road Frontage Type: Highway
Road Responsibility: Public Maintained Road
Structure Type: Other
Utilities: City Water, Fiber Optics, Septic Tank, Well

Location

HOA Subject To: None
Inside City: no
Zoning Description: CMX, R2

Additional

Deed Reference: 2414-2245
Documents: Aerial Photo,Plat
Possible Use: Commercial, Multi-Family, Subdevelopment
Property Sub Type Secondary: Business
Table: Listing - Commercial

Financial

Easement: N/A
Gross Scheduled Income: 41400
Inclusions: Building,Land
Number Of Units Leased: 4
Proposed Special Assessment: no
Restrictions: None
Restrictions Description: none
Special Listing Conditions: None
SqFt Maximum Lease: 4000.00
SqFt Minimum Lease: 4000.00
Transaction Type: For Sale

Zoning Info


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Listing courtesy of Tarheel Realty II
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Listing courtesy of Tarheel Realty II

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