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486 George Wilson Rd 5.03 Acres of Commercial Land Offered at $499,900 in Boone, NC 28607

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INVESTMENT HIGHLIGHTS

  • Several residential opportunities nearby for this property to utilize.
  • High traffic area.
  • Desirable location.

EXECUTIVE SUMMARY

Unlock a rare investment opportunity in Boone, NC with this versatile 5.03-acre property offering a unique blend of commercial and residential potential. Anchored by a 2,270 sq ft building housing Mary’s Kitchen—a beloved local breakfast destination—and a hair salon, this site combines immediate income generation with long-term development upside. Two mobile homes on month-to-month leases provide additional cash flow, while a third mobile home operates under a separate ground lease and will not convey.
Located minutes from Boone’s vibrant downtown and Appalachian State University, the site enjoys proximity to major thoroughfares, retail hubs, and a growing residential base. This combination of location, existing tenancy, and expansion potential makes 486 George Wilson Rd an ideal candidate for owner-users, developers, or investors looking to capitalize on Boone’s dynamic market.

PROPERTY FACTS

Price $499,900
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Bank
  • Carwash
  • Convenience Store
  • Distribution
  • Restaurant
  • Retail Warehouse
  • Single Family Development
  • Warehouse
Total Lot Size 5.03 AC
Zoning E2B3 - Commercial and Residential

1 LOT AVAILABLE

Lot

Price $499,900
Price Per AC $99,383.70
Lot Size 5.03 AC

5.3 acres. Will consider redevelopment option OR owner/user to occupy existing building. Flexible Option. Available for $499,900

DESCRIPTION

Prime Commercial & Residential Opportunity! ?Unlock the potential of this versatile 5.03-acre property featuring a 2,270 sq ft commercial building with "Mary's Kitchen," a beloved local breakfast spot, and a hair salon. The property includes a septic system, a shared well, and two mobile homes on a month-to-month lease. A third mobile home sitting next to Marys kitchen operates on a separate ground lease and will not convey. Shared driveway and well agreements are in place with 508 George Wilson Rd, whose owners are open to selling as well. ?Call for details: 704-222-2240 or 704-726-1481

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1991-90-1529-000
Land Assessment
$251,700
Improvements Assessment
$81,900
Total Assessment
$333,600
  • Listing ID: 26049166

  • Date on Market: 6/29/2022

  • Last Updated:

  • Address: 486 George Wilson Rd, Boone, NC 28607

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