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2306 S Cannon Blvd 6,399 SF Office Building Kannapolis, NC 28083 $450,000 ($70.32/SF)
INVESTMENT HIGHLIGHTS
- 0.48-acre corner lot situated at the highly trafficked intersection of S. Cannon Blvd./Highway 29 and Michigan St. in Kannapolis, NC.
- Approximately 100 feet of road frontage on S. Cannon Blvd./Highway 29, offering excellent exposure to passing traffic.
- Positioned on a corner lot, providing additional visibility and accessibility for future commercial development.
- Zoned C-2, allowing for a wide variety of nonresidential uses, such as retail, office, and service establishments.
- The site is well-suited for complete redevelopment or could be renovated for commercial purposes, subject to approval by the City of Kannapolis.
- Close to key transportation routes, offering easy access to surrounding areas and boosting its potential for commercial development.
EXECUTIVE SUMMARY
This 0.48-acre corner lot, located at the intersection of S. Cannon Blvd./Highway 29 and Michigan St. in Kannapolis, NC, offers a prime opportunity for redevelopment or conversion to commercial use. The property includes a 1,665± SF, two-story home with an unfinished basement, which is well-suited for a broad range of nonresidential uses, including retail, office, or service establishments. With approximately 100 feet of road frontage, this high-visibility site provides excellent exposure. Zoned C-2, the property is conveniently located just 1.5 miles from I-485/Concord Parkway and within a few miles of major amenities, including The Home Depot, Carolina Mall, and downtown Kannapolis. Priced at $450,000.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
6,399 SF
Building Class
C
Year Built
1949
Price
$450,000
Price Per SF
$70.32
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,200 SF
Building FAR
0.31
Lot Size
0.48 AC
Zoning
C2 - Commercial
Parking
12 Spaces (1.88 Spaces per 1,000 SF Leased)
AMENITIES
- Storage Space
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 5622-07-7043-0000 | Improvements Assessment | $141,500 |
| Land Assessment | $236,970 | Total Assessment | $378,470 |
PROPERTY TAXES
Parcel Number
5622-07-7043-0000
Land Assessment
$236,970
Improvements Assessment
$141,500
Total Assessment
$378,470
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2306 S Cannon Blvd
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