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125 E Virginia Ave 3,200 SF Retail Building Bessemer City, NC 28016 $850,000 ($265.63/SF)
Investment Highlights
- 3,200 square feet of masonry construction.
- Requires little to no upfit for immediate use.
- Positioned to support business efficiency and accessibility.
- Perfectly suited for a bank branch or similar financial institution.
- Situated on a 0.80-acre parcel.
- Includes a customer service window for convenient operations.
Executive Summary
This masonry-constructed, free-standing building offers a turnkey solution for a new bank branch. Featuring a drive-through customer service window, the property requires minimal to no upfit, making it an ideal choice for financial institutions seeking a convenient and functional space to serve customers efficiently.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,200 SF
Building Class
C
Year Built
1996
Price
$850,000
Price Per SF
$265.63
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.80 AC
Zoning
BANK1 - Bank Zoning
Demographics
Demographics
1 mile
3 mile
5 mile
15 min drive
2024 Population
4,579
11,814
40,755
112,292
2029 Population
4,899
12,619
43,543
117,878
2024-2029 Projected Population Growth
7.0%
6.8%
6.8%
5.0%
Median Age
40.6
40.1
39.1
39.6
College Degree + Higher
7%
9%
12%
11%
Daytime Employees
1,086
3,747
15,628
55,360
Total Businesses
139
364
1,304
6,269
Average Household Income
$54,818
$56,636
$55,497
$71,568
Median Household Income
$40,335
$41,154
$41,902
$55,851
Total Consumer Spending
$46.9M
$120.2M
$407M
$1.2B
2024 Households
1,849
4,696
16,019
44,719
Average Home Value
$179,815
$175,763
$177,299
$266,327
Property Taxes
| Parcel Number | 304256 | Improvements Assessment | $445,870 |
| Land Assessment | $99,320 | Total Assessment | $545,190 |
Property Taxes
Parcel Number
304256
Land Assessment
$99,320
Improvements Assessment
$445,870
Total Assessment
$545,190
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125 E Virginia Ave
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