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800 South Mountain Street
Cherryville, NC 28021
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B
What's Special
Auction: High-Visibility Com Property w/Immediate Occupancy Potential <p>Auction: High-Visibility Commercial Property with Immediate Occupancy Potential</p><p></p><ul><li>+/-4,123 SF commercial building situated on +/-1.53 acres</li><li>Zoned Business with flexible potential for retail, office, service, or owner-user occupancy</li><li>Excellent visibility along South Mountain Street with ample on-site parking and proximity to Downtown</li><li>Selling vacant at auction – immediate opportunity for owner-users, investors, or redevelopment buyers</li></ul><p> </p>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
