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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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250 Sparta Rd , North Wilkesboro, NC 28659
$3,500,000
Est. Payment: $7,777.78/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 1
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R08286 - R60253
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Approximately an 8% CASH ON CASH return, plus extra land land to build more tenant space. Long established (37 years) 100% occupied 43,504 sq. ft. shopping center. Tenants are IGA Grocery Store, Spectrum, Walgreen's & Dollar Tree. Value add component of vacant land that would accommodate approximately 20,000 - 30,000 sq. ft. of additional retail buildings and parking. Parking lot milled as needed, repaved, sealed and striped in 2025. Exterior repainted in 2025. Roofs in excellent shape. Please do not conspicuously visit the interior of any tenant spaces without making prior arrangements with the listing agent. There are 2 outparcels that ARE NOT included in this offering. 1 is 1.64 acres available for $199,000, 1 is .64 acres available for $75,000. Prospective buyer's need to be prequalified/vetted. A serious/qualified buyer will need at least approximately $1,000,000 in cash to put into a purchase, or have a track record of similar or larger investments.
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Highlights

Listed by Barry Bush , 336-957-0877 Finley Properties II, LLC , 336-957-0877.

Property Type

Commercial Sale
Lot/Acreage
10.1

Year Built

1989

County

Wilkes

Listing ID

4423374

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Heat Pump
Fireplaces:
Below Ground Sq Ft:0
Water:City

Exterior Features

Lot:Corner Lot,Level
Zoning:HB
Roof:Flat
Sewer:Public Sewer
Parking Features:Parking Lot
Principal Interest
$7,778
Taxes
$2,231

Home Price

$3,500,000

Loan Details

30 yrs
%

Down Payment

20%
$700,000
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:
$7,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,777.78 $2,231.25 $0.00 $10,009.03
Yearly $93,333.33 $26,775.00 $0.00 $120,108.33
Total $2,800,000.00 $803,250.00 $0.00 $3,603,250.00

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 (North Wilkesboro, 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.