505 E Main Street, Burnsville, NC 28714
- $925,000
- List Price
- $925,000
- MLS#
- 4305597
- Status
- ACTIVE
- Property Type
- Commercial Sale
- Distressed Property
- Yes
- Year Built
- 1937
- Price Change
- ▼ $74,999 1782176979
- Days on Market
- 358
- Lot Size
- 51,400
- Lot Size Area
- 1.18
- County
- Yancey
Property Description
Investment Opportunity in the Heart of Burnsville! Welcome to 505 E Main Street, Burnsville, NC—a rare chance to own a high-visibility income-producing property right on Burnsville’s thriving Main Street. This versatile property features 7 individual rental units, already generating consistent rental income, making it the perfect turnkey investment. The property consists of: 4 apartments, 1 retail storefront with prime Main Street frontage, 1 studio apartment, 1 main cabin residence With city water and sewer in place, this property is fully connected and ready for continued growth. The location truly says it all—walkable to shops, restaurants, and Burnsville’s historic town square, with excellent exposure for both residential and commercial tenants. Whether you’re looking to expand your portfolio, operate a business while collecting rental income, or reimagine the property for future development, the opportunities here are endless.
Additional Information
- Floor Coverings
- Carpet, Concrete, Vinyl
- Heating
- Heat Pump, Separate Meters
- Water
- City
- Sewer
- Public Sewer
- Exterior Construction
- Metal, Stone, Wood
- Roof
- Metal
- Parking
- Parking Lot
- Driveway
- Paved
- Lot Description
- Corner Lot
- Special Conditions
- Estate
Mortgage Calculator
Listing courtesy of Dream Mountain Realty. allibuchanan@homesbyalli.com
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