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19428 Zion Ave 2,119 SF Office Building Cornelius, NC 28031 $990,000 ($467.20/SF) 6.86% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 2,119 SF in two stand-alone buildings - Leased Main house and Studio apt
  • Detached 2-car Garage - 798 SF w/ 2 roll-top doors
  • Opportunity to Expand the Footprint in the future
  • Additional detached Flex Space - 874 SF with separate entrance, carport & storage
  • Boat/RV covered Storage - 1 space

EXECUTIVE SUMMARY

Prime investment opportunity in the heart of Cornelius, NC! Located close to vibrant Downtown with great visibility along Statesville Hwy. and perfect for your Business or next Venture! Two units totaling 2,119 Sq Ft perfectly suited for professional Offices, Medi-Spa, Retail and Neighborhood Center Services. The Main house could be a private residence with detached studio or home-based business. Great bones with nods to historical charm with modern updates--wood floors, fireplace, updated Kitchen & Baths--and large deck. There is secure storage and a carport. Additional Flex space that could be used as more storage or upfit for an additional use. X-Large, 2-bay detached Garage with high ceilings that could accommodate car lift AND covered Boat/RV Parking! Large asphalt parking with 20+ spaces. So much potential here and More!! Endless possibilities in this vibrant & growing region!

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
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

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
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,119 SF
Building Class
C
Year Built/Renovated
1911/2011
Price
$990,000
Price Per SF
$467.20
Cap Rate
6.86%
NOI
$67,935
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,119 SF
Building FAR
0.05
Lot Size
0.99 AC
Zoning
NMX - Neighborhood Mixed Use
Parking
15 Spaces (7.08 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Foiled Salon
  • Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
  • Harmony Wellness
  • Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Foiled Salon Services 99,999 SF - Lorem Ipsum Jan 0000
Harmony Wellness Services 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
007-101-07
Land Assessment
$226,500 (2025)
Improvements Assessment
$178,800 (2025)
Total Assessment
$405,300 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 37984026

  • Date on Market: 10/7/2025

  • Last Updated:

  • Address: 19428 Zion Ave, Cornelius, NC 28031

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