1102 E CHURCH ST

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1102 E CHURCH ST

Cherryvil, NC 28021-2102
Asking Price
$1.29M
Asset Type
Retail
Class
Class B

What's Special

1102 East Church Street is situated within the eastern commercial corridor of Cherryville, North Carolina. The property is located along a primary local thoroughfare, surrounded by a mix of established residential neighborhoods and small-scale commercial enterprises. Notable nearby amenities include various local dining options, grocery stores, and essential service providers. The location offers direct access to Highway 150, facilitating regional connectivity to the neighboring municipalities of Gastonia and Shelby. This retail asset is suited for businesses requiring high visibility and consistent local traffic. The layout and location are compatible with diverse use cases, including boutique retail, professional service offices, or neighborhood convenience operations. The typical tenant profile includes local small business owners, regional franchise operators, or service-based practitioners seeking a functional presence within a stable community market.

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NOI
$80,000
Cap Rate
6.22%
DSCR
1.05
Tight
Cash-on-Cash
0.93%
Monthly Payment
$6,367.374
Annual Cash Flow
$3,591.515

Location & Travel Times