801 W Central Ave

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801 W Central Ave

Mount Holly, NC 28120
Asking Price
$1.85M
Asset Type
Retail
Class
Class B

What's Special

801 W Central Avenue is situated in Mount Holly, North Carolina, positioned along a primary east-west corridor. The property is located within a mix of established residential neighborhoods and local commercial pockets, less than one mile from the downtown historic district. Nearby amenities include various local eateries, service providers, and community parks. The location offers direct access to Highway 273 and is approximately three miles from Interstate 85, providing a logistical link between Gaston County and the greater Charlotte metropolitan area. The building is suited for a variety of retail applications, including neighborhood grocery, specialty boutiques, or consumer showrooms. Its street-front visibility and high vehicular traffic counts make it an appropriate site for service-oriented businesses, such as fitness studios or medical clinics. Typical tenants for this asset profile include regional franchisees or local business owners seeking a presence in a growing suburban market. The functional layout supports flexible interior configurations to accommodate diverse merchandising requirements and customer-facing operations.

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NOI
$80,000
Cap Rate
4.32%
DSCR
0.73
Underwater
Cash-on-Cash
-5.38%
Monthly Payment
$9,152.791
Annual Cash Flow
$-29,833.487

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