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Investment Highlights

  • Exceptional investment portfolio located in the heart of Brevard.
  • Fully occupied with 5 long standing stabilized tenants

Executive Summary

An exceptional, stabilized investment portfolio opportunity centrally located in the heart of downtown Brevard. This fully occupied portfolio sale is a rare chance to confidently invest in the core of Brevard's vibrant city center, and take part in its incredible long-term community growth. The offering consists of two buildings, with 5 long standing stabilized tenants in place, all with main street signage and frontage. Both buildings were renovated and modernized in 2014 for optimal space allocation, aesthetics, improved energy efficiency, and life safety. The diverse group of tenant uses that occupy these properties benefit from high visibility, easy access, and tremendous foot traffic at this location. This investment has been remarkably well managed and cared for over the years, which can be seen in every aspect of both buildings. Don't miss this rare downtown opportunity.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
22,683 SF
Year Built
1920
Price
$3,461,090 CAD
Price Per SF
$152.59 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.08
Lot Size
0.25 AC
Zoning
DMU - downtown Mixed use
Parking
2 Spaces (0.09 Spaces per 1,000 SF Leased)

Amenities

  • Mezzanine
  • Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

CrossFit
First Citizens Bank
PNC Bank
United Community Bank
Food Lion
Fifth Third Bank
Ingles Markets
Starbucks
TD Banknorth
Zaxby's

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 8586-50-3706-000
  • 8586-50-3732-000
Land Assessment
$802,357 CAD
Improvements Assessment
$3,103,022 CAD
Total Assessment
$3,905,379 CAD
  • Listing ID: 29099804

  • Date on Market: 2023-07-25

  • Last Updated:

  • Address: 36 & 44 E Main St., Brevard, NC 28712

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