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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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381-395 Crimson Laurel Way , Bakersville, NC 28705
$800,000
Est. Payment: $1,777.78/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 8
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NCM100510 - R16226
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House Description

Value-Add Commercial Investment Opportunity in Bakersville. Excellent opportunity to acquire a multi-building commercial property on approximately 1.85 acres in Bakersville, offering existing income, substantial usable space, and long-term value-add potential. The property includes two buildings with ample parking, newer roofing on both structures, and the potential for subdivision, creating flexibility for an investor, owner-user, or developer. The primary building is occupied by Dollar General, a nationally recognized tenant currently operating under a 2-year lease with a 5-year renewal option. This provides immediate cash flow and the stability of an established retail tenant while allowing a new owner to explore additional upside throughout the property. Beneath the Dollar General space is a large two-bay warehouse totaling approximately 7,425 square feet. The warehouse features two oversized barn doors measuring approximately 15 feet wide by 10 feet high, making the space well-suited for storage, distribution, contractor use, light industrial operations, workshop space, or other commercial uses. Activating or leasing this underutilized warehouse area presents a clear opportunity to create additional income and improve the overall performance of the asset. The second building is approximately 1,475 square feet and was originally constructed for restaurant use. It is currently configured as office space and is unoccupied, offering immediate potential for an owner-user or a new tenant. The building also includes a full-size unfinished basement, providing additional storage or future improvement potential. With income already in place from the Dollar General lease, significant warehouse square footage available for additional use or leasing, and a separate vacant building ready for repositioning, this property offers multiple paths to value creation. The 1.85-acre site, ample parking, and potential subdivision further enhance the flexibility of the offering. A rare Bakersville commercial opportunity combining national-tenant cash flow, value-add upside, and adaptable space for a wide range of commercial uses.

Highlights

Listed by Ian Moorrees , 828-620-2022 NAI Beverly-Hanks , 828-210-3940.

Property Type

Commercial Sale

Lot/Acreage
1.85

Year Built

1995

County

Mitchell

Listing ID

4394713

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air,Ductless,Heat Pump
Fireplaces:
Below Ground Sq Ft:0
Basement:Basement Garage Door,Exterior Entry,Full,Unfinished
Water:City

Exterior Features

Roof:Rubber
Parking Features:Parking Lot,Parking Space(s)
Principal Interest
$1,778
Taxes
$510

Home Price

$800,000

Loan Details

30 yrs
%

Down Payment

20%
$160,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,777.78 $510.00 $0.00 $2,287.78
Yearly $21,333.33 $6,120.00 $0.00 $27,453.33
Total $640,000.00 $183,600.00 $0.00 $823,600.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Bakersville, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.