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1245 16th St NE 58,225 SF 96% Leased Retail Building Hickory, NC 28601 For Sale



Investment Highlights
- Multiple address frontage providing excellent visibility along a primary corridor in northeast Hickory.
- Located in an active trade area with proximity to established retail, dining, and service providers.
- Positioned within a region noted for economic stability and infrastructure investment, supporting sustained demand.
- Convenient access to Interstate 40.
- Options for multi-tenant occupancy create flexibility in revenue generation and tenant mix.
Executive Summary
This 5.54acre site offers two income producing buildings totaling 58,225sf and a pad ready buildable lot in Hickory’s active NE corridor. The site serves as part of an established mixed commercial area anchored by Dollar Tree, dental offices and other retail and flex users. Featuring direct frontage along a high-trafficked signalized intersection, this location ensures consistent visibility and accessibility for customers.
Hickory’s diversified economy—supported by manufacturing, healthcare, and higher education—provides a stable backdrop for long-term investment growth. Nearby developments and consistent consumer activity enhance demand for both retail and general commercial uses.
Hickory’s diversified economy—supported by manufacturing, healthcare, and higher education—provides a stable backdrop for long-term investment growth. Nearby developments and consistent consumer activity enhance demand for both retail and general commercial uses.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
58,225 SF
Building Class
B
Year Built/Renovated
1969/2024
Percent Leased
96%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
5.06 AC
Zoning
C-2 - Commercial
Amenities
- Signalized Intersection
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
LAST SPACE AVAILABLE FOR LEASE. New upfit. Ample parking. Rear door. Gated rear access.
| Space | Size | Space Use | Position | Available |
| 1211 | 2,160 SF | Flex | In-Line | Now |
1211
| Size |
| 2,160 SF |
| Space Use |
| Flex |
| Position |
| In-Line |
| Available |
| Now |
1211
| Size | 2,160 SF |
| Space Use | Flex |
| Position | In-Line |
| Available | Now |
LAST SPACE AVAILABLE FOR LEASE. New upfit. Ample parking. Rear door. Gated rear access.
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3713156322670000 | Improvements Assessment | $3,150,298 CAD |
| Land Assessment | $945,971 CAD | Total Assessment | $4,096,269 CAD |
Property Taxes
Parcel Number
3713156322670000
Land Assessment
$945,971 CAD
Improvements Assessment
$3,150,298 CAD
Total Assessment
$4,096,269 CAD
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1245 16th St NE
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