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 within a transition zone between the historic downtown core and residential neighborhoods. The property sits along a primary east-west corridor, offering direct access to local commercial services and public parks. The surrounding area is characterized by a mix of established single-family housing and small-scale business developments. Major transportation routes, including Highway 27 and Interstate 85, are located within a five-mile radius, providing connectivity to the greater Charlotte metropolitan area. The retail asset is suited for local service providers, boutique shops, or professional office users seeking street-level visibility. Ideal tenants include neighborhood-scale businesses such as specialty grocers, fitness studios, or floral shops that cater to the local resident base. The layout and location support high-frequency visits from commuters and pedestrian traffic from nearby residential blocks. This site provides an opportunity for businesses requiring a standalone or multi-tenant footprint within a growing suburban community outside of heavy industrial corridors.

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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

Location & Travel Times