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24 Andrews Avenue S #3 24 #3 South Andrews Ave 1,108 SF 100% Leased Office Building Hot Springs, NC 28743 $325,000 ($293.32/SF)
Investment Highlights
- Fully Renovated 1,108 SF Commercial Space in Downtown Hot Springs
- Flexible Zoning with Multiple Retail, Office & Food Service Uses
- High Visibility Location Near Appalachian Trail & Tourist Traffic
Executive Summary
Now offering a fully renovated commercial building in the heart of Hot Springs. The space has recently been divided from the Iron Horse allowing independent ownership with multiple uses for the first time ever. Zoning provides many options for your vision to come alive. Hot Springs offers a welcomed stop for hikers of the Appalachian Trail, day trippers from Asheville and Knoxville, and those looking to enjoy the great outdoors for the weekend. Inserting a hood will not be possible due to the hotel being above this space though you are able to create other food and drink options.
Property Facts
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Office
Building Size
1,108 SF
Year Built
1933
Price
$325,000
Price Per SF
$293.32
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,108 SF
Opportunity Zone
Yes
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 8860-61-9735 | Improvements Assessment | $378,972 |
| Land Assessment | $62,700 | Total Assessment | $441,672 |
Property Taxes
Parcel Number
8860-61-9735
Land Assessment
$62,700
Improvements Assessment
$378,972
Total Assessment
$441,672
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24 Andrews Avenue S #3 | 24 #3 South Andrews Ave
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