1434 E Main St | Albemarle, NC 28001
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1434 E Main St
Albemarle, NC 28001
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 12 lane bowling alley, all equipment, bowling balls, shoes, chairs, etc
- College campus within 1.5 miles
- Full bar in place with pre approved liquor license
- Dense multifamily and single family surrounding, new construction adjacent
- Plenty of room for value add and rent increases
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
60,000 SF
Building Class
B
Year Built/Renovated
1960/1998
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.60
Lot Size
2.30 AC
Zoning
GHBD
Parking
65 Spaces (1.08 Spaces per 1,000 SF Leased)
Frontage
404’ on E. Main St
ABOUT 1434 E MAIN ST , ALBEMARLE, NC 28001
Large strip mall appears to be structurally sound. 80% occupied. Large 12 lane bowling alley (new) and nice bar installed below it. Lots of space. Tenants currently bring in around $8000 - $9000 per month but current owners have been too involved in other projects to give this the attention it needs. Excellent opportunity to run a strip mall / commercial investment business. Opportunities abound in the immediate area. Call me to discuss 704 870 1268
PROPERTY TAXES
| Parcel Number | 6548-04-94-8645 | Improvements Assessment | $548,762 |
| Land Assessment | $79,500 | Total Assessment | $628,262 |
PROPERTY TAXES
Parcel Number
6548-04-94-8645
Land Assessment
$79,500
Improvements Assessment
$548,762
Total Assessment
$628,262
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