3000 Margrace Avenue Kings Mountain, NC $ 924,500
3000 Margrace Avenue
$ 924,500
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3000 Margrace Avenue

Kings Mountain, NC, 28086
$ 924,500
Baths3.0

Monthly Estimate*

$ 6,458

3000 Margrace Avenue, Kings Mountain, NC 28086 - Image 1
3000 Margrace Avenue, Kings Mountain, NC 28086 - Image 2
3000 Margrace Avenue, Kings Mountain, NC 28086 - Image 3
3000 Margrace Avenue, Kings Mountain, NC 28086 - Image 4
3000 Margrace Avenue, Kings Mountain, NC 28086 - Image 5
Studio

Commercial Property for sale in Kings Mountain, NC

for $924,500 with 3 full baths. This building was built in 1950 on a lot size of 6.92.

This property is located 2.1 miles from the new casino coming to Kings Mountain & is ideal for renting space & storage to the construction companies that will be building the casino & other buildings adjacent to it. There is ample space & road frontage that can be used for apartments & multiple family housing. The two story brick building has gas heat with forced air and the metal building has wood heat with a free standing wood stove to burn the wood scraps as it is produced from woodworking. Additional three parcels fronting on Ark St. are zoned for multi-family residences, Parcels # 9867,9868, & 9869.

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Commercial Pending

Price

$ 924,500

Bedrooms

Studio

Full Bath

3

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

6.92

Year Built

1950

Town/City

Kings Mountain

County/Region

Cleveland

MLS | Web ID

3693627

Features
General
Sewer Public Sewer
Heating Natural Gas Other - See Remarks
Cooling None
Utilities Cable Connected Electricity Connected Gas Phone Connected
Roof Built-Up Metal Wood
Zoning LI
Construction Materials Brick Concrete Metal
Year Built 1950
Property SubType Business
Gross Income 19003
Elevation 1000
Waterfront Features None
Accessibility Two or More Access Exits Swing In Door(s) Elevator Zero-Grade Entry
Additional Parcels Description Parcels PID #9867 9868 & 9869.
County Cleveland
Net Operating Income 19003
Operating Expense 8480
New Construction N
Property Type Commercial Sale
HOA / Comm Assn N
Possible Use Commercial Industrial Residential
Directions I-85 S R on Dixon School Rd R on Margrace Ave. Property is 1.1 miles on L.
City Kings Mountain
Total Units 4
Number of Units Leased 4
Street Name Margrace
Builder Name Unknown
Standard Status Pending
Construction Type Site Built
Restrictions Building Signage Use
Tax Assessed Value 186603
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Interior
Flooring Concrete Vinyl Wood
Street Suffix Avenue
Total Baths 3
SqFt Garage 406
Number Of DocksTotal 2
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Exterior
Water Source City
Total Parking 80
Inclusions Building Land
Lot Size Area 6.92
Foundation Details Basement Slab Other - See Remarks
Number of Buildings 4
Building Area Total 0
Lot Dimensions 569x1078x1344x341
Lot Size Units Acres
Road Frontage Type City Street
Road Responsibility Publicly Maintained Road
Road Frontage 569
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Internal Only
Street Number 1 3000
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* Excluded Features
List By
Bunch Real Estate

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$6,458
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Monthly Principal & Interest
$6,458
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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
12/24/2020$656,800 Listed Price

Map


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3000 Margrace Avenue, Kings Mountain, NC, 28086 is a Commercial Property for sale at $924,500 with a lot size of 6.92. 3000 Margrace Avenue is a studio with 3.0 baths and was built in 1950. The property's zip code is 28086 which is in Kings Mountain, NC