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36 & 44 E Main St. 22,683 SF 100% Leased Retail Building Brevard, NC 28712 $2,925,000 ($128.95/SF)

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INVESTMENT HIGHLIGHTS

  • Exceptional investment portfolio located in the heart of Brevard.
  • Fully occupied with 5 long standing stabilized tenants

EXECUTIVE SUMMARY

An exceptional, stabilized investment portfolio opportunity centrally located in the heart of downtown Brevard. This fully occupied portfolio sale is a rare chance to confidently invest in the core of Brevard's vibrant city center, and take part in its incredible long-term community growth. The offering consists of two buildings, with 5 long standing stabilized tenants in place, all with main street signage and frontage. Both buildings were renovated and modernized in 2014 for optimal space allocation, aesthetics, improved energy efficiency, and life safety. The diverse group of tenant uses that occupy these properties benefit from high visibility, easy access, and tremendous foot traffic at this location. This investment has been remarkably well managed and cared for over the years, which can be seen in every aspect of both buildings. Don't miss this rare downtown opportunity.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
22,683 SF
Year Built
1920
Price
$2,925,000
Price Per SF
$128.95
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.08
Lot Size
0.25 AC
Zoning
DMU - downtown Mixed use
Parking
2 Spaces (0.09 Spaces per 1,000 SF Leased)

AMENITIES

  • Mezzanine
  • Air Conditioning
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

CrossFit
First Citizens Bank
PNC Bank
United Community Bank
Food Lion
Fifth Third Bank
Ingles Markets
Starbucks
TD Banknorth
Zaxby's

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 8586-50-3706-000
  • 8586-50-3732-000
Land Assessment
$576,700
Improvements Assessment
$2,230,320
Total Assessment
$2,807,020
  • Listing ID: 29099804

  • Date on Market: 7/25/2023

  • Last Updated:

  • Address: 36 & 44 E Main St., Brevard, NC 28712

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