229 E Court StreetMarion, NC 28752MLS Number 3340987

  • Price: $299,000
$
$
%
$/month over payments
Federal 30-year interest rate: 4.53% last updated on Aug 16, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.41Acreage
  • 1999Year Built
  • 2969Square Feet
  • FrameConstruction

Driving Directions

Opportunity to purchase a turnkey investment property with instant passive income at a 7.6% cap rate. Annual income is $22,800, and current tenant is on a ten-year triple net lease. Existing business is a well-established, reputable child care center operating with top-notch management. No immediate capital expenditures. Possible owner financing for qualified buyer. Located in Marion, North Carolina, four blocks from the city's downtown area. Shown by appointment only.

Listed by Karl Nelson of NAI Beverly-Hanks

Ask A Question

Do not fill in this field:

More Info

Parking

  • Parking Spaces

Building

  • Year Built1999
  • ConstructionFrame
  • ConstructionTypeSite Built
  • Units1
  • Square Feet2969

Property

  • Lot Size33X35X193X100X242X82
  • Acreage0.41

Utilities

  • HeatingCentral

Photos

  • Number of Photos6
  • DatePhoto2017-11-27T14:14:58

Basic Information

  • StatusACT
  • Broker IDNCM100510
  • Property TypeCommercial
  • Property Sub TypeSpecial Purchase
  • List Price$299,000
  • Broker NameNAI Beverly-Hanks
  • ListingBoardIDAsheville Board of Realtors
  • MLS Number3340987

Exterior

  • RoofArchitectural Shingle

Location

  • Building Number229
  • StreetE Court
  • TownMarion
  • StateNC
  • Zip28752
  • CountyMcDowell
  • Access FeaturesCity Street
  • DirectionsI-40 to Exit 86 to N.C. 226 north. Merge with U.S. 221 to Downtown Marion. Turn right onto Court Street. Turn left into driveway between building and Napa Auto Parts. Go towards back of parking lot to child care center on the right, across from School.

Amenities

  • CoolingCentral

Other

  • Modification Date07/17/2018
  • View Count16
Cottonwood Properties
Cottonwood Properties
100 W. State St.
Suite 1
Black Mountain, NC 28711
Broker Reciprocity

© 2018 by the North Carolina Multiple Listing Service. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the North Carolina Multiple Listing Service. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than a consumer looking to purchase real estate, is prohibited.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: