2202 N Cannon Blvd
Kannapolis, NC 28083
Retail Property For Sale

This investment opportunity could be viewed as a small redevelopment project or a value-add through lease up project. The property is currently occupied by the property owner' s Squeeky Kleen laundromat and a vacant beauty salon. The laundromat is run as an absentee owner with laundry attendants. At the time of a sale the seller will convey the salon & laundromat equipment on the list herein to the buyer in as-is condition. It is projected that the laundromat is on pace to gross just over $100,000 of revenue in 2016. The Property is located on the North bound, North East corner of the traffic lit intersection of Route 29 & E 22nd Street in Kannapolis, North Carolina. The parcel is located on the North side of the city in Rowan County. The Property is approximately 1½ miles from the $1.5 Billion bioscience research complex - North Carolina Research Campus (NCRC). The 350 acre NCRC, located in a part of downtown Kannapolis, has more than seven universities with plans to have ultimately more than 100 biotech and life science firms, retail, residential development on site. NCRC Located less than 30 minutes from Charlotte, North Carolina and is easily accessible from Interstate I-85.