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Auto Repair Shop 101 Watering St 4,000 SF Flex Building Tabor City, NC 28463 $258,461 CAD ($64.62 CAD/SF)
Investment Highlights
- Standalone Building
- On the boarder of South and North Carolina
- Great location for Audio Repair Day care or Medical Offices
Executive Summary
This 4,000 sq. ft. facility in the heart of Tabor City, Columbus County, offers a turnkey opportunity for an automotive professional or a visionary developer. Built in 1977, this durable one-story concrete building is fully equipped for immediate automotive operations while sitting on a versatile plot with significant upside.
Key Property Highlights
* Ready for Business: Features a 4,000 sq. ft. open floor plan optimized for workflow.
* Professional Equipment: Includes two installed auto lifts, allowing for immediate service revenue.
* Prime Location: Positioned in the "Heart of Tabor City," providing high visibility and easy access for local and regional clientele.
* Durable Construction: Solid one-story concrete block building designed for industrial longevity.
Strategic Zoning & Future Potential
The property is zoned Residential Main Street Transition (RMST), a unique designation designed to bridge the gap between downtown commercial activity and residential growth.
* Current Use: Perfectly suited for its existing role as a high-functioning auto repair shop.
* Development Flexibility: The RMST zoning allows for a wide array of alternative uses, making it an ideal long-term "land bank" or redevelopment project. Permitted or conditional uses include:
* Residential: Townhomes or Multi-family housing.
* Community Services: Day Care, Family Care Centers, or Health Care facilities.
* Professional/Commercial: Office space, Storage, or a Wireless Telecommunications hub.
* Recreation: Athletic fields or a Swim/Tennis club.
Why Invest in Tabor City?
Tabor City is currently revitalizing its downtown core through initiatives like the Business Incubator project and the Tabor City Town Plan 2040, which prioritizes resilient growth and investment-friendly infrastructure.
Key Property Highlights
* Ready for Business: Features a 4,000 sq. ft. open floor plan optimized for workflow.
* Professional Equipment: Includes two installed auto lifts, allowing for immediate service revenue.
* Prime Location: Positioned in the "Heart of Tabor City," providing high visibility and easy access for local and regional clientele.
* Durable Construction: Solid one-story concrete block building designed for industrial longevity.
Strategic Zoning & Future Potential
The property is zoned Residential Main Street Transition (RMST), a unique designation designed to bridge the gap between downtown commercial activity and residential growth.
* Current Use: Perfectly suited for its existing role as a high-functioning auto repair shop.
* Development Flexibility: The RMST zoning allows for a wide array of alternative uses, making it an ideal long-term "land bank" or redevelopment project. Permitted or conditional uses include:
* Residential: Townhomes or Multi-family housing.
* Community Services: Day Care, Family Care Centers, or Health Care facilities.
* Professional/Commercial: Office space, Storage, or a Wireless Telecommunications hub.
* Recreation: Athletic fields or a Swim/Tennis club.
Why Invest in Tabor City?
Tabor City is currently revitalizing its downtown core through initiatives like the Business Incubator project and the Tabor City Town Plan 2040, which prioritizes resilient growth and investment-friendly infrastructure.
Property Facts
| Price | $258,461 CAD | Rentable Building Area | 4,000 SF |
| Price Per SF | $64.62 CAD | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1977 |
| Property Type | Flex | Opportunity Zone |
Yes
|
| Lot Size | 0.40 AC | ||
| Zoning | RMST - The property is zoned Residential Main Street Transition District, RMST. In addition to the Existing use as Auto repair Shop, other uses | ||
| Price | $258,461 CAD |
| Price Per SF | $64.62 CAD |
| Sale Type | Owner User |
| Property Type | Flex |
| Lot Size | 0.40 AC |
| Rentable Building Area | 4,000 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Opportunity Zone |
Yes |
| Zoning | RMST - The property is zoned Residential Main Street Transition District, RMST. In addition to the Existing use as Auto repair Shop, other uses |
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Property Taxes
| Parcel Number | 0010983 | Improvements Assessment | $14,963 CAD |
| Land Assessment | $16,460 CAD | Total Assessment | $31,423 CAD |
Property Taxes
Parcel Number
0010983
Land Assessment
$16,460 CAD
Improvements Assessment
$14,963 CAD
Total Assessment
$31,423 CAD
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Auto Repair Shop | 101 Watering St
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