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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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325 SW Hwy 70 Hwy , Hickory, NC 28602
$4,000,000
Est. Payment: $8,888.89/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 98
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10026 - R13513
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House Description

Introducing a rare investment opportunity at 325 U.S. HWY 70 SW in the thriving city of Hickory, NC. This income-generating motel, set on a generous 2.3-acre lot, offers a strategic location with unparalleled access to major thoroughfares. It’s conveniently close to U.S. Highway 321 and Interstate 40, ensuring consistent foot traffic and high visibility for any venture. What makes this property truly remarkable is its C-3 zoning, which provides a flexible foundation for various development possibilities. Whether you envision expanding the existing motel or embarking on an entirely new project, this site presents an open canvas for innovative ideas. The surrounding area is bustling, with essential amenities. The opportunities for growth are endless, given Hickory’s dynamic and burgeoning local economy. Ready for developers eager to capitalize on a site with both tremendous potential and existing profitability. Seller is offering financing, reach out for more info!

Highlights

Listed by Cameron Frank , 704-960-6713 Yancey Realty, LLC , 704-577-9055.

Property Type

Commercial Sale

Lot/Acreage
2.3

Year Built

1963

County

Catawba

Listing ID

4392308

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Below Ground Sq Ft:0

Exterior Features

Lot:Level,Open Lot,Paved
Parking Features:Parking Lot
Principal Interest
$8,889
Taxes
$2,550

Home Price

$4,000,000

Loan Details

30 yrs
%

Down Payment

20%
$800,000
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:
$8,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,888.89 $2,550.00 $0.00 $11,438.89
Yearly $106,666.67 $30,600.00 $0.00 $137,266.67
Total $3,200,000.00 $918,000.00 $0.00 $4,118,000.00

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 (Hickory, 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.