88 Pitts School RdConcord, NC 28027

For Sale
$475,000
Dual-Income Property, Zoned I-1, High Visibility

Overview

Added:
Feb 3
Days on market:
72
This exceptional Concord, NC investment opportunity presents two income-generating properties on a half-acre lot at 88 Pitts School Road NW. Priced at $475,000, this property offers significant return potential. The property boasts a successful rental history, generating over $4,000 per month in rental income for years. One unit is configured as a residential dwelling, while the other has been successfully operated as a beauty salon. The property benefits from excellent road frontage and high traffic counts on Pitts School Road, ensuring strong visibility and accessibility. Importantly, the property is zoned I-1, offering flexibility for future uses. According to Concord city and county records, the property is grandfathered for residential use, providing additional options for the new owner. This unique combination of established rental income, versatile zoning, and prime location makes this a compelling investment opportunity for discerning buyers seeking strong returns and future development potential. The half-acre lot provides ample space and possibilities. Don't miss this chance to acquire a proven, high-performing income-generating property in a desirable Concord location.

Property Details for 88 Pitts School Rd

Property type
Commercial real estate
Year Built
1957
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Concord
County
Cabarrus
State
North Carolina
Latitude
35.37265
Longitude
-80.66876
88 Pitts School Rd, Concord, North Carolina

FAQs

What type of property is this?
Commercial real estate - Dual-Income Property, Zoned I-1, High Visibility
Where is the commercial real estate located?
The property is located at 88 Pitts School Rd Concord, NC.
What is the asking price?
The asking price for this property is $475,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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88 Pitts School Rd
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