107 Kilson Drive Unit #202 & 204, Mooresville, NC 28117

$518,000

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List Price
$518,000
MLS#
4282080
Status
ACTIVE
Property Type
Commercial Sale
Distressed Property
Yes
Year Built
2004
Price Change
▼ $5,000 1781047909
Days on Market
390
County
Iredell

Property Description

This well-maintained commercial office condo located off of the bustling Charlotte Highway offers a prime investment opportunity. The property features multiple private offices, a spacious conference room, a break room, and an open space layout, making it ideal for a variety of business needs. Currently tenant-occupied, this property provides a stable income stream with a 5.5% cap rate. The lease has 1 years remaining, with annual rent escalations of 3%, ensuring continued growth in rental income.

Additional Information

Water
City
Sewer
Public Sewer
Exterior Construction
Brick Full
Parking
Parking Lot
Driveway
Paved
Special Conditions
Subject to Lease

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Calculator source: Real Geeks

Listing courtesy of Ivester Jackson Christie's. jordan@ivesterjackson.com

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