701 N Main, Robersonville, NC 27871
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Heather Meyers, Realtor

Heather Meyers, Realtor

+1(757) 756-3967
$ 650,000
Est. payment | /mo

12,000 SqFt

Save
$ 650,000
Est. payment | /mo
Save

12,000 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $54

Subdivision Not In Subdivision

MLS Listing ID 100595932

HOA Y/N No

Year Built 2003

Lot Size 4.290 Acres

Acres 4.29

Lot Dimensions 136'x100'x136'x100'

Source Hive MLS

Property 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 $2,000/month, an approximately 3,000 SF retail shop at $800/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 $33,600 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 $8.50-$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*

Location

State NC

County Martin

Community Not In Subdivision

Zoning C

Direction From US 64 East : Take Exit 502 (NC 903 / Robersonville). Turn right at the ramp terminus onto NC 903 South / N. Main Street. Property is approximately 0.25 miles on the right. From Greenville : NC 903 North out of Greenville through Stokes, roughly 20 miles into Robersonville. NC 903 becomes S. Main Street through downtown and continues as N. Main. Property is on the left before you reach US 64.

Location Details Mainland

Interior

Heating Electric, Forced Air

Cooling Central Air

Exterior

Parking Features Parking Lot, Asphalt, Paved

Garage No

Building

Lot Description See Remarks

New Construction No

Others

Tax ID 0703216

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors
Listed by Keller Williams Realty Points East

Schools and Properties Nearby

Heather Meyers, Realtor

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(757) 756-3967

heather@heatheryourhomegirl.com

1545 Crossways Blvd 250 #242, Chesapeake, VA 23321, USA

Learn More About LPT Realty

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701 N Main

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