Here's a great business opportunity located just off Main Street near downtown Andrews. This 4,000 building was most recently rented as five residential apartments, but the City of Andrews informed the owner that the current Highway Business zoning does not allow residential use. The tax card indicates that the best use would be for offices There are kitchens and bathroom areas, but some repairs will be needed. In fact, since the building has not be occupied for several years, the entire building would benefit from a healthy dose of TLC. However, the building has good bones, and city water and sewer are available. It is listed below assessed value, and with a little imagination and some judicious renovation, this property could reach it's full potential as a lucrative passive investment.
Mls | 149887 |
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Listing Type | For Sale |
Style | Commercial |
Subtype | Resale |
Status | Active |
Year | 1983 |
Days On Site | 126 |
Listing Provided By | Carolina Mountain Homes | Suzi Henry |
Sq Feet | 4,000 |
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Zoning | O Office |
Acreage | 0.18 |
State | NC |
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County | Cherokee |
City | Andrews |
Zip Code | 28901 |
Area | Andrews |
Subarea | Andrews |
Listing VS Median (in 28901) | |
Price: $225,000 low | high Med: $299,850 SqFt: 4,000 low | high Med: 2,467 $ / SqFt: $56 low | high Med: $123 On Site: 126 low | high Med: 182.500000 |