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Oak Street 112 Oak St 4,150 SF 100% Leased Office Building Cherryville, NC 28021 $1,237,501 CAD ($298.19 CAD/SF)


Investment Highlights
- Corner Lot - corner of Oak and Academy
- Academy is a main road traveling thru Cherryville
- Near Cherryville downtown area
Executive Summary
Nice brick commercial building currently set up as a medical facility with reception area, exam rooms, office areas, room indicate lights, staff lab, and work areas, and more. The building is located in downtown Cherryville in low traffic but in a highly accessible location. The facility is 15 to 20 minutes from Lincolnton, Shelby, Bessemer City, and Dallas; 30 minutes to Gastonia and within 40 minutes of the Charlotte airport. The building has 12 exam rooms with a handwash sink, several private office areas, a room set up for x-ray with a darkroom, two public restrooms, and a private bathroom with a shower, reception area, and waiting room. The building has a concrete private parking lot with approximately 17 spaces including 2 fully handicapped spaces. The rear/side of the building has a delivery and pickup area with a ramp. The facility has been well maintained and is in move-in-ready condition.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Property Subtype
Medical
Building Size
4,150 SF
Building Class
B
Year Built
1988
Price
$1,237,501 CAD
Price Per SF
$298.19 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
4,150 SF
Building FAR
0.19
Lot Size
0.50 AC
Zoning
RO - City of Cherryville zoning RO residential/office
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 129852 | Improvements Assessment | $487,295 CAD |
| Land Assessment | $74,665 CAD | Total Assessment | $561,960 CAD |
Property Taxes
Parcel Number
129852
Land Assessment
$74,665 CAD
Improvements Assessment
$487,295 CAD
Total Assessment
$561,960 CAD
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Oak Street | 112 Oak St
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