Town & Mountain Realty

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145 Garrison Branch RoadWeaverville, NC 28787Price: $695,000

  • Price: $695,000
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Federal 30-year interest rate: 3.15% last updated on May 28, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $695,000List Price
  • 1.46Acreage
  • 4800Square Feet

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Excellent retail center opportunity in Weaverville, NC for an investor or owner-occupant. Great location along US HWY 25 with 19,500 VPD exposure, one mile from I-26 Exit 19 (Weaverville/Monticello Road). Enjoy 100% occupancy until Sept. 2020 (7.25% cap rate) and then occupy yourself or recast leases for long-term value. The property is 4,800 SF total. Units are divided into three 800 SF portions and one 2,400 SF. Three small units have been leased long-term to a salon, pet groomer, and construction equipment company. The larger of the units has been home to a real estate office which plans to vacate in September 2020. Property includes 36 parking spaces, and large 20' pylon sign. Well taken care of and ready for the next owner.

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Listed by James Harrison of Whitney Commercial Real Estate

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