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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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701 N Main , Robersonville, NC 27871
$650,000
Est. Payment: $1,444.44/mo
0 Bed
0 Bath
12000 Sqft
Status: Pending with Showings | Days on site: 20
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House Description

Multi-tenant neighborhood retail center on approximately 4.27 acres, offered at $650,000 with immediate value-add upside. Three suites: an approximately 3,000 SF event venue at $1,400/month, an approximately 3,000 SF vape shop at $1,100/month, and an approximately 7,500 SF former Dollar General anchor that is vacant and available for lease. In-place gross rental income is approximately $31,200 annually. Reported owner expenses total approximately $17,000 annually -- taxes approximately $10,000, insurance approximately $5,000, utilities approximately $2,000. The vacant anchor is being marketed at approximately $13.50/SF NNN, which would represent roughly $63,750 to $101,250 in additional annual base rent if leased within that range. Projections are illustrative only. Sale and lease-up are being pursued simultaneously. A recorded restrictive covenant tied to the former Dollar General prohibits certain competing concepts, including Family Dollar, Dollar Tree, Aldi, Lidl, Big Lots, Walgreens, CVS, Rite Aid, and Walmart concepts, while the benefiting Dollar General continues operating under the applicable lease. Frontage on N. Main Street with direct access to US 64. Approximately 20 miles from Greenville. All figures approximate and subject to buyer verification. *MORE PHOTOS COMING SOON*

Highlights

Listed by Timothy Ferruzzi , 910-729-9180 Keller Williams Realty Points East , 252-355-6000.

Property Type

Commercial Sale

Lot/Acreage
4.29

Year Built

2003

County

Martin

Neighborhood

Not In Subdivision

Listing ID

100595932

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:See Remarks
Lot Dimensions:136'x100'x136'x100'
Zoning:C
Parking Features:Parking Lot,Asphalt,Paved
Principal Interest
$1,444
Taxes
$414

Home Price

$650,000

Loan Details

30 yrs
%

Down Payment

20%
$130,000
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:
$1,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,444.44 $414.38 $0.00 $1,858.82
Yearly $17,333.33 $4,972.50 $0.00 $22,305.83
Total $520,000.00 $149,175.00 $0.00 $669,175.00

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 (Robersonville, 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.