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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 $299,000 ($269.86/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
Discover unparalleled investment potential in thriving Hot Springs, NC! This newly renovated commercial property offers a turnkey blank canvas for entrepreneurs. Strategically positioned on the bustling corridor between Asheville and Knoxville, the location captures heavy foot traffic from Appalachian Trail hikers and tourists drawn to the area’s world-famous mineral baths. Zoned for maximum versatility, the open floor plan is ideal for a flagship retail boutique, a trendy brewery or cafe, or professional office space. This property allows you to capitalize on the region’s booming tourism market through high-demand commercial or hospitality ventures. Having fully rebounded from recent weather events, Hot Springs is a resilient, dynamic community with steady year-round demand. This 100% renovated asset allows you to bypass construction delays and start operating or leasing immediately. Whether you envision a boutique storefront, a local dining hotspot, or a premier executive suite, this property represents a premium commercial asset in the heart of the Blue Ridge Mountains. Secure your place in a community reborn and join a thriving market with excellent visibility and exposure.
Property Facts
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Office
Building Size
1,108 SF
Year Built
1933
Price
$299,000
Price Per SF
$269.86
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 | $445,123 |
| Land Assessment | $62,700 | Total Assessment | $507,823 |
Property Taxes
Parcel Number
8860-61-9735
Land Assessment
$62,700
Improvements Assessment
$445,123
Total Assessment
$507,823
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24 Andrews Avenue S #3 | 24 #3 South Andrews Ave
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