151 S. Broad Stree

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151 S. Broad Stree

Mooresville, NC 28115
Asking Price
$550K
Asset Type
Retail
Class
Class B

What's Special

151 S. Broad Street is located in the heart of historic downtown Mooresville, North Carolina. This corridor is characterized by a mix of traditional brick architecture, pedestrian-friendly sidewalks, and a variety of local boutiques and offices. The property is situated within walking distance of numerous local restaurants and community landmarks, such as the Charles Mack Citizen Center. It offers direct frontage on a primary north-south thoroughfare, providing visibility to local traffic and easy access to nearby NC-115 and I-77. The property is suited for a range of retail applications, including specialty boutiques, showrooms, or service-oriented storefronts. Its central location and high walkability score make it an appropriate fit for tenants seeking to benefit from downtown foot traffic and community events. Typical tenants for this asset class often include local entrepreneurs, regional retail brands, or professional services requiring a visible street-level presence to engage with the Mooresville market.

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NOI
$80,000
Cap Rate
14.55%
DSCR
2.45
Strong
Cash-on-Cash
28.70%
Monthly Payment
$2,721.1
Annual Cash Flow
$47,346.801

Location & Travel Times