00 Town Centre Drive # 10 Locust, NC $ 1,450,000
00 Town Centre Drive # 10
$ 1,450,000
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00 Town Centre Drive # 10

Locust, NC, 28097
$ 1,450,000
Baths0.0

Monthly Estimate*

$ 10,129

00 Town Centre Drive # 10, Locust, NC 28097 - Image 1
00 Town Centre Drive # 10, Locust, NC 28097 - Image 2
Studio

Commercial Property for sale in Locust, NC

for $1,450,000. This building was built in 2004 on a lot size of 1.228.

Offering for sale 1.228 Acre parcel within the new Village at Locust Town Center, City of Locust in Stanly County, NC. This parcel is one of three remaining parcels in the mixed-use section of the Village. This parcel may be purchased solely, or with the 1-2 remaining parcels. Survey attached. This is Lot 10 on Town Centre Drive. Master developer Oakboro Main Street Development for the 120-acre Town Center is seeking developer/investor interested in building a three to four story building, housing retail/business on the ground level and 2 to 3 additional levels of either multi-family market-rate apartments, residential/commercial condominiums or a combination of units for sale or lease. See attached CC&Rs for Locust Town Center. Total acreage +/- for the three Village parcels is 2.74 acres. Zoning is Center City District. Lot 14 is 1.11 Acre; Lot 1 is 0.402 Acre. Sewer flow allocation approved for all three parcels. City water and utilities available.

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Commercial Active

Price

$ 1,450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

N/A

Lot Size

1.228

Year Built

2004

Town/City

Locust

County/Region

Stanly

MLS | Web ID

4101261

Features
General
Sewer Public Sewer
Utilities Electricity Connected Gas Underground Power Lines Underground Utilities
Year Built 2004
Unit Number 10
Property SubType N/A
Additional Parcels Description Lot 14 Phase 3 Map 20-156; Lot 1 Phase 1 Map 19-199
County Stanly
New Construction N
Property Type Commercial Sale
Possible Use Commercial Development Multi-Family Other - See Remarks
Directions From Charlotte travel Hwy 24/27 east through Cabarrus County to Stanly County. Locust borders the County line; travel into the City of Locust; Locust Town Center is on left at Ray Kennedy Drive; tur
City Locust
Street Name Town Centre
Standard Status Active
Restrictions Architectural Review Height
Tax Assessed Value 319280
Complex Name Locust Town Center Village - Mixed-Use
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Exterior
Parking Features On Street Parking Space(s)
Lot Features Cleared Open Lot
Water Source City
Inclusions Land
Lot Size Area 1.228
Road Surface Type Paved
Other Parking Parking to be determined by developer in compliance with City of Locust.
Lot Size Units Acres
Road Frontage Type City Street
Road Responsibility Publicly Maintained Road
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Interior
Street Suffix Drive
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Internal Only
Street Number 1 0
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* Excluded Features
List By
Keller Williams Select

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$10,129
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Monthly Principal & Interest
$10,129
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/2/2024$1,450,000 Listed Price

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00 Town Centre Drive # 10, Locust, NC, 28097 is a Commercial Property for sale at $1,450,000 with a lot size of 1.228. 00 Town Centre Drive # 10 is a studio with 0.0 baths and was built in 2004. The property's zip code is 28097 which is in Locust, NC