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Commercial and Residential Property 2 Properties Offered at $1,695,000 in Kings Mountain, NC
Investment Highlights
- Prime Multi-Use Property with Commercial Bldg, 4 Potential Income Producing Homes and 1.2 Acre Cleared Lot with City Water/Sewer Access.
- Only Zoning Restrictions for All Properties.
- Excellent Visibility and Accessibility from HWY 74 and Approximately 1 mile to I-85 and 3.9 miles to Two Kings Casino.
Executive Summary
A unique opportunity to acquire a combined commercial and residential portfolio totaling approximately 4.95 acres. The commercial parcel spans 1.53 acres and is zoned AU (Auto-Urban-Commercial), offered together with multiple residential properties: 110, 112, 114 Walker Street (PINs 8493, 13362, 73808, respectively) and 116 Walker Street (PIN 13364) totaling 1.27 acre, 109 Fulton Street (PIN 13360) with 0.95 acres, and an additional 1.2-acre lot off Fulton Street (PIN 72754). Residential zoning is primarily SU (Semi-Urban-Residential), with back section of 110 Walker zoned AU. There's a total of 4.95 acres for portfolio. Located off Kings Mountain/Cherryville NC216 Exit, the site offers convenient access to HWY 74, just one mile from I-85 and 3.9 miles from Catawba Two Kings Casino, with close proximity to downtown Kings Mountain. The sale includes seven buildings: three tenant-occupied homes on Walker Street (all with identical layouts) and one vacant home on Walker Street (home of no value), one home on Fulton Street, a commercial building, with a garage/workshop on Piedmont Avenue, and 1.2 acre vacant lot. Properties are sold “As Is-Where Is” and subject only to city zoning regulations. Floor plans available for each structure and garage/workshop.
Property Facts
| Price | $1,695,000 | Number of Properties | 2 |
| Price / SF | $421.85 / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 4,018 SF |
| Sale Type | Investment | Total Land Area | 2.48 AC |
| Status | Active |
| Price | $1,695,000 |
| Price / SF | $421.85 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,018 SF |
| Total Land Area | 2.48 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 109-114 Fulton Ave, Kings Mountain, NC 28086 | Multifamily | - | 1920 | - |
|
Commercial Property
605 N Piedmont Ave, Kings Mountain, NC 28086 |
Office | 4,018 SF | 1977 | - |
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