2504 Newton Drive, Statesville, NC 28677

$450,000

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List Price
$450,000
MLS#
4359693
Status
ACTIVE
Property Type
Commercial Sale
Distressed Property
Yes
Year Built
1957
Days on Market
132
Lot Size
60,983
Lot Size Area
1.4
County
Iredell

Property Description

COMMERCIAL PROPERTY ZONED GENERAL BUSINESS WITH MULTI-PARCEL OPPORTUNITY | 1.4 Acres (approx.) Located off Hwy 70 near the Statesville airport~ CLOSE to I-40 and a few miles from I-77 in Staesville! Excellent opportunity to own a versatile commercial property featuring four parcels with a mix of commercial and residential zoning. The front parcels & building are zoned General Business B5, offering great visibility and accessibility, while the rear parcels are zoned residential they provide additional space and possibilities! A small portion of the back residential lot is subject to a AT&T utility easement (buyer to verify all uses with county). The building offers a flexible layout and has historically been configured as two separate units, each with its own systems, making it ideal for multiple tenants or a single business operation. The building offers two bathrooms and multiple office spaces with a large reception area. It is currently occupied by an established sewing/alterations business, with a lease in place through May 2026 and the tenant interested in staying—providing immediate income potential. Tenant requires minimum 60 days after the lease to move (however they prefer to stay). Property features include separate HVAC systems, electrical services, and water heaters, allowing for independent functionality on each side. The structure has been improved over time with a metal roof, exterior updates, interior updates, electrical upgrades, and replacement window glass. Serviced by a well (county water available at the road) and there is a septic system. This property has a long-standing history of commercial use and presents a unique opportunity for investors or owner-users seeking flexibility, rental income potential, and room to grow. Buyer to verify zoning, utilities, septic, and intended use with the county. Located in the Iredell Co. EJT District. SHOWINGS by appointment only please do not disturb the tenant. Contact your agent to get more details and information. Buyer to do a survey to verify acreage and ROW details. ADDRESS: 2504 Newton Dr. Statesville NC 28677.

Additional Information

Floor Coverings
Vinyl
Heating
Central, Electric, Heat Pump, Other - See Remarks
Water
Well, Other - See Remarks
Sewer
Septic Installed
Roof
Metal
Parking
Parking Lot, Parking Space(s)
Driveway
Paved
Zoning
B5
Special Conditions
Subject to Lease

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Calculator source: Real Geeks

Listing courtesy of Cooper Southern Properties. MarissaBCooper@yahoo.com

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