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119 W Pine St 7,978 SF Retail Building Pine Level, NC 27568 $847,000 ($106.17/SF)
INVESTMENT HIGHLIGHTS
- Close proximity to major highways and train service
- Located in an Opportunity Zone
- Unfinished upper level provides opportunity for expansion
- 5 miles to I-95 and I-42
- Convenient access to Raleigh, NC
EXECUTIVE SUMMARY
An outstanding opportunity for an owner or investor in Johnston County, NC, the fastest growing county in North Carolina. This property was beautifully renovated in 2020 in keeping with its historic roots. Perfect fit for retail or event venue with outdoor patio. Currently a thriving event space and ice cream shop that hosts weddings, corporate meetings and Sunday Brunch. Space includes a staging kitchen and bar. No hood or grease trap. This main street in town boasts a number of businesses including a coffee shop, gym restaurant and furniture store.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,978 SF
Building Class
B
Year Built/Renovated
1906/2020
Price
$847,000
Price Per SF
$106.17
Tenancy
Single
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
Commercial - MS - Main Street
PROPERTY TAXES
| Parcel Number | 12008014 | Improvements Assessment | $334,910 |
| Land Assessment | $24,390 | Total Assessment | $359,300 |
PROPERTY TAXES
Parcel Number
12008014
Land Assessment
$24,390
Improvements Assessment
$334,910
Total Assessment
$359,300
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119 W Pine St
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