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Retail + Residential Investment Opportunity 138 W Mountain St 9,983 SF 100% Leased Retail Building Kings Mountain, NC 28086 $2,100,000 ($210.36/SF)
INVESTMENT HIGHLIGHTS
- Turnkey Cashflow Investment
- Masterfully rebuilt in 2022
- In the heart of Downtown Kings Mountain
EXECUTIVE SUMMARY
A fusion of historic charm and modern luxury, this building was masterfully rebuilt in 2022 by a professional historic-restoration contractor who stripped it to the shell and reinvented every detail to create eight premium residential units and 3,000 sq ft of commercial space. Hardwood floors, rustic beams, exposed brick, granite countertops, stainless steel appliances, and high-end finishes define the most upscale units in Kings Mountain. Every system is new, including electrical, plumbing, HVAC, insulation, fire sprinklers, windows, doors, roof, you name it - resulting in a property that is classy, cozy, reliable, and impressively low maintenance.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
9,983 SF
Year Built/Renovated
1910/2022
Price
$2,100,000
Price Per SF
$210.36
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Opportunity Zone
Yes
Zoning
CB - Central Business District
AMENITIES
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 6925 | Improvements Assessment | $662,665 (2025) |
| Land Assessment | $36,378 (2025) | Total Assessment | $699,043 (2025) |
PROPERTY TAXES
Parcel Number
6925
Land Assessment
$36,378 (2025)
Improvements Assessment
$662,665 (2025)
Total Assessment
$699,043 (2025)
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Retail + Residential Investment Opportunity | 138 W Mountain St
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