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3,200 sqft Building | Spruce Pine, NC 12348 S Us 19e Hwy 3,200 SF 100% Leased Flex Building Spruce Pine, NC 28777 $619,979 CAD ($193.74 CAD/SF)
INVESTMENT HIGHLIGHTS
- 3,200 SF Commercial Building: Single-building setup on a 2 spacious combined 1.85-acre parcel
- Flexible Use Potential: Suitable for office, general commercial, community center, or church uses
- Attractive Income Potential: Projected gross rent of $4,166 per month with a potential NOI of $49,993 annually.
- Prime Spruce Pine Location: Located on US-19E near the local airport and schools, offering excellent accessibility and visibility in Avery County.
- Owner Financing Available: Purchase with favorable seller financing terms, including low interest and flexible amortization.
- Utilities in Place: Well water, septic, and electric already connected, reducing upfront development costs.
EXECUTIVE SUMMARY
Address: 12348 US-19E, Spruce Pine NC 28777
County: Avery County
Zoning: N/A
Parcel ID: 18000078743200000 | 18000078623400000
Total Building size: 3,200 sqft
Land size (sqft): 80,586
Land size (acre): 1.85
Layout: 1 building
Septic: Connected
Water: Well. Connected
Electric: Connected
Road Access: Yes
Flood zone: No
Opportunity zone: False
Potential Development: Office Building, General Commercial Buildings, Community Center, Church
Investment Highlights
Potential Gross Rent: $4,166.07/month
Potential NOI: $49,992.79
Asking price: $450,000 with OWNER FINANCING option
Down Payment: $110,000 (due at closing)
Note: $340,000
Payments to Seller: $1,623.21 ($19,479.52)
Interest Rate: 4% with an 3-year balloon
Amortization period: 30 Years
No prepayment Penalty
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
County: Avery County
Zoning: N/A
Parcel ID: 18000078743200000 | 18000078623400000
Total Building size: 3,200 sqft
Land size (sqft): 80,586
Land size (acre): 1.85
Layout: 1 building
Septic: Connected
Water: Well. Connected
Electric: Connected
Road Access: Yes
Flood zone: No
Opportunity zone: False
Potential Development: Office Building, General Commercial Buildings, Community Center, Church
Investment Highlights
Potential Gross Rent: $4,166.07/month
Potential NOI: $49,992.79
Asking price: $450,000 with OWNER FINANCING option
Down Payment: $110,000 (due at closing)
Note: $340,000
Payments to Seller: $1,623.21 ($19,479.52)
Interest Rate: 4% with an 3-year balloon
Amortization period: 30 Years
No prepayment Penalty
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
PROPERTY FACTS
| Price | $619,979 CAD | Lot Size | 1.85 AC |
| Price Per SF | $193.74 CAD | Rentable Building Area | 3,200 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Flex | Year Built | 1975 |
| Building Class | C | Parking Ratio | 7.81/1,000 SF |
| Zoning | NONE - NONE | ||
| Price | $619,979 CAD |
| Price Per SF | $193.74 CAD |
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.85 AC |
| Rentable Building Area | 3,200 SF |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 7.81/1,000 SF |
| Zoning | NONE - NONE |
AMENITIES
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 1800-00-78-6234-00000 | Improvements Assessment | $205,006 CAD |
| Land Assessment | $21,217 CAD | Total Assessment | $226,223 CAD |
PROPERTY TAXES
Parcel Number
1800-00-78-6234-00000
Land Assessment
$21,217 CAD
Improvements Assessment
$205,006 CAD
Total Assessment
$226,223 CAD
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3,200 sqft Building | Spruce Pine, NC | 12348 S Us 19e Hwy
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