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20230 Main St 2 Unit Apartment Building $700,000 ($350,000/Unit) Cornelius, NC 28031



EXECUTIVE SUMMARY
A rare mixed-use opportunity in the heart of downtown Cornelius. Originally constructed as a duplex, the property has begun renovations, and the interior is currently in a roughed-out state, ready for a new owner to complete the build-out. The main level totals 2,545 square feet and offers potential for residential or commercial development. The basement totals 686 square feet and can support additional rentable workspace, storage, or expansion, in addition to the two-car rear load garage. The property’s NMX zoning supports a wide range of commercial and residential uses, making it suitable for office, live-work, short-term rental, or hybrid investment strategies. A wrap-around driveway provides excellent circuity with two access points along Main Street and rear parking. Located within close proximity the Town Cornelius, Antiquity, the Cain Center for the Arts, and multiple dining and entertainment options. Davidson College and I-77 are minutes away, ensuring strong long-term demand and visibility.
PROPERTY FACTS
| Price | $700,000 | Apartment Style | Low-Rise |
| Price Per Unit | $350,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 15.51 AC |
| No. Units | 2 | Building Size | 3,719 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1950 |
| Zoning | NMX - Neighborhood Mixed Use | ||
| Price | $700,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 15.51 AC |
| Building Size | 3,719 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Zoning | NMX - Neighborhood Mixed Use |
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PROPERTY TAXES
| Parcel Number | 007-061-12 | Improvements Assessment | $306,200 |
| Land Assessment | $238,800 | Total Assessment | $545,000 |
PROPERTY TAXES
Parcel Number
007-061-12
Land Assessment
$238,800
Improvements Assessment
$306,200
Total Assessment
$545,000
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20230 Main St
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