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Includes 1107, 1109, 1111, 1113 + 1113A 1107 Paola St 31,956 SF 85% Leased Flex Building Statesville, NC 28677 $2,040,500 CAD ($63.85 CAD/SF) 8% Cap Rate

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EXECUTIVE SUMMARY

Located just minutes from Downtown Statesville, I-77 and I-40, this building contains five separate units with four currently leased with an available office space at 1113 Paola Street - a move-in ready option. The property sits on a quiet street with ample on-site parking and easy access to major corridors.
The vacant suite includes a private entrance, reception area private offices and open workspace. Ideal for service providers consultants, medical professionals or small teams looking for an independent office location in a growing community.
* Convenient Location
* Office Business or Professional Use
* In place rental income
* Retail
* Light Industrial and manufacture Use Warehouse

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,040,500 CAD
Price Per SF $63.85 CAD
Sale Type Investment or Owner User
Cap Rate 8%
Property Type Flex
Property Subtype
Light Distribution
  • Flex Light Manufacturing
  • Industrial Warehouse
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.81 AC
Rentable Building Area 31,956 SF
No. Stories 2
Year Built/Renovated 1952/2024
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 4
Zoning LI - LI - Light Industrial

UTILITIES

  • Lighting
  • Water
  • Sewer
  • Heating

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • 1107 Paola Tenant
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • 1113-B Paola Tenant
  • -
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
1107 Paola Tenant - - $9.99 Lorem Ipsum Jan 0000
1113-B Paola Tenant - - $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,286-4,756 SF
  • Flex
  • Full Build-Out
  • Now

Unit 1113-A - Available 1,286-4756 SF: $6/sqft First Floor 1,286 SF (office) Mezzanine 393 SF (office) Second Floor 3,077 SF (storage)

Space Size Space Use Condition Available
1st Floor 1,286-4,756 SF Flex Full Build-Out Now

1st Floor

Size
1,286-4,756 SF
Space Use
Flex
Condition
Full Build-Out
Available
Now

1st Floor

Size 1,286-4,756 SF
Space Use Flex
Condition Full Build-Out
Available Now

Unit 1113-A - Available 1,286-4756 SF: $6/sqft First Floor 1,286 SF (office) Mezzanine 393 SF (office) Second Floor 3,077 SF (storage)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4734-44-6837.000
Land Assessment
$52,174 CAD (2024)
Improvements Assessment
$508,228 CAD (2024)
Total Assessment
$560,402 CAD (2024)
  • Listing ID: 37241652

  • Date on Market: 2025-08-12

  • Last Updated:

  • Address: 1107 Paola St, Statesville, NC 28677

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