110 E A St 5,150 SF Retail Building Newton, NC 28658 $942,246 CAD ($182.96 CAD/SF)

PRICE REDUCED $675K for Over 5,000SF Standalone with Private Parking Lot in Downtown Newton
Located in the heart of a bustling commercial district, this spacious and strategically positioned standalone Commercial property offers the perfect environment for your business to thrive. Benefiting from high foot traffic, this prime location sits in historic Downtown Newton prominently visible to pedestrians and potential customers. Surrounded by well-established, complementary businesses, the synergy between neighboring shops draws a diverse and loyal customer base, creating an ideal atmosphere to boost sales. With 17 dedicated parking spaces in one of the few available private parking lots downtown, customer accessibility is effortless, ensuring a hassle-free experience for those arriving by car. The property itself is meticulously maintained and move-in ready, featuring modern fixtures and new flooring throughout. The surrounding neighborhood offers a mix of residential and commercial properties, ensuring a steady flow of customers from various demographics. Additionally, local events and promotional opportunities within the community present an excellent chance to increase brand visibility and engage with potential customers. This property provides an outstanding opportunity to take your business to the next level in a thriving, high-traffic area.
Retail / Showroom / Offices / For Sale & For Lease. Sales Price is $675,000 and the total Bldg. Sqft. 5152.35. The lease terms are $16/sqft -
Rent Yr1 = $16/SF - $6,869.33 Monthly/$82,432 annual base rent
Absolute NNN
10 YR Term
3% Annual Escalations
Two 5 Year Renewal Options
No Tenant Allowance
The property is the only downtown business with parking available. There is also heavy foot traffic. The property was completely renovated (2023) and has new HVAC and roof.