1200 N Washington Street Shelby, NC $ 1,000,000
1200 N Washington Street
$ 1,000,000
Recently Listed Adult Community
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1200 N Washington Street

Shelby, NC, 28150
$ 1,000,000
Baths0.0

Monthly Estimate*

$ 6,985

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Studio

Commercial Property for sale in Shelby, NC

for $1,000,000. This building was built in 1953 on a lot size of 12.7.

Explore an exceptional investment opportunity with this renovated 6,794 SF property. Nestled in the foothills of the majestic Blue Ridge Mountain, Shelby, NC is ideally situated near Charlotte, Asheville, and Greenville which enhances its appeal to prospective investors interested in an event venue space. Spanning over 12 acres and accented by two ponds, this setting offers a rare opportunity for a visionary investor. Formerly a popular restaurant and currently used as a wedding event venue, the property has a commercial kitchen with a 17-foot hood and grease trap. Renovated in 2019, the main event hall includes over 5500 SF of versatile space including ample seating areas, a bar, and storage. Event furniture and sound system available with acceptable offer ensuring a turnkey transition. Existing lease expires May 2024.

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Commercial Active

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Special Purpose

Lot Size

12.7

Year Built

1953

Town/City

Shelby

County/Region

Cleveland

MLS | Web ID

4124672

Features
General
Sewer Public Sewer
Year Built 1953
Property SubType Special Purpose
County Cleveland
New Construction N
Property Type Commercial Sale
Directions From downtown Shelby head north on Washington St. to 1200 N. Washington. Turn right into driveway marked by sign for Spinning Leaf at North Lake.
City Shelby
Street Name Washington
Virtual Tour https://hommati.tours/tour/2036326?play=no&mls=yes https://hommati.tours/tour/2036326?play=no
Standard Status Active
Construction Type Site Built
Restrictions Other - See Remarks
Tax Assessed Value 311748
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Exterior
Parking Features Parking Lot
Water Source City
Inclusions Building Land
Lot Size Area 12.7
Number of Buildings 2
Road Surface Type Paved
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
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Interior
Street Suffix Street
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Internal Only
Street Number 1 1200
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* Excluded Features
List By
Keller Williams South Park

Broker

Affordability Calculator

$6,985
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,985
Monthly Property Taxes
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Monthly Home Insurance
--
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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THE TIME TO SELL IS NOW!
Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$1,000,000 Listed Price

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1200 N Washington Street, Shelby, NC, 28150 is a Commercial Property for sale at $1,000,000 with a lot size of 12.7. 1200 N Washington Street is a studio with 0.0 baths and was built in 1953. The property's zip code is 28150 which is in Shelby, NC