703 S Broadway Stree

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

703 S Broadway Stree

Forest City, NC 28043
Asking Price
$3.11M
Asset Type
Retail
Class
Class B

What's Special

703 S Broadway Street is situated in Forest City, North Carolina, positioned within a commercial corridor south of the historic downtown district. The neighborhood is characterized by a mix of local local businesses, service providers, and established residential pockets. The property offers direct frontage on a primary local thoroughfare, providing visibility to regional traffic. Nearby amenities include various chain restaurants, automotive services, and grocery retailers. Access to the site is facilitated by the North Carolina highway network, specifically US breaks and State Routes that connect Forest City to the surrounding Rutherford County area. The property is suited for a variety of retail applications, including convenience stores, specialty boutiques, or service-oriented storefronts. Its layout and location favor tenants that prioritize high visibility and easy consumer access. The typical tenant profile includes local entrepreneurs or regional franchises seeking a stable footprint in a secondary market. Due to its proximity to residential zones, the site supports businesses focused on daily needs or quick-service retail. The building serves as a functional space for occupants requiring a balance of pedestrian accessibility and vehicular traffic exposure.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
2.57%
DSCR
0.43
Underwater
Cash-on-Cash
-11.23%
Monthly Payment
$15,406.373
Annual Cash Flow
$-104,876.475

Location & Travel Times