832 S Chester St

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832 S Chester St

Gastonia, NC 28052
Asking Price
$1.68M
Asset Type
Retail
Class
Class B

What's Special

832 S Chester St is situated along a primary north-south corridor in Gastonia, North Carolina. The neighborhood is characterized by a mix of established residential pockets and established small-scale commercial developments. This location offers direct accessibility to Highway 321 and is positioned less than two miles south of Gastonia’s central business district. Nearby amenities include local grocery retailers, neighborhood service centers, and public parks, while the site benefits from continuous commuter traffic and proximity to public transit stops along the Chester Street line. The property is suited for retail operators seeking high visibility and convenient neighborhood access. Ideal use cases include boutique shops, specialized convenience services, or small-form pharmacies that serve the local community. The typical tenant profile consists of regional service providers or independent retailers looking for a functional footprint within an established suburban setting. Given the surrounding residential density, the site is positioned to support businesses that prioritize proximity to a stable local customer base and consistent road frontage.

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NOI
$80,000
Cap Rate
4.77%
DSCR
0.80
Underwater
Cash-on-Cash
-3.88%
Monthly Payment
$8,291.934
Annual Cash Flow
$-19,503.203

Location & Travel Times