For Sale
$2,550,000

5 Pensacola Rd Burnsville, NC 28714

4.37 Acres, Triple Road Frontage, High Traffic

Overview

Added:
Feb 3
Days on market:
79
This exceptional 4.37-acre commercial property presents a unique investment opportunity in the thriving town of Burnsville, North Carolina. Strategically located at a bustling intersection with triple road frontage along US Highway 19E Bypass, Pensacola Road, and East Main Street, this versatile land offers unparalleled exposure and accessibility. The property is zoned C-2 Commercial, allowing for a wide range of development possibilities, including stand-alone retail, mixed-use developments incorporating residential spaces, or hospitality projects such as hotels or motels. The site is comprised of two tracts, Tract 1 encompassing 3.23 acres and Tract 2 covering 1.14 acres, as detailed in the provided survey. Currently, seven structures are situated on the property, including a store building and a brick house, all leased on a month-to-month basis, generating a current monthly rental income of $5,350. It's important to note that the seller provides no warranties on the existing structures. This prime location, combined with its high traffic volume and flexible zoning, makes this an outstanding opportunity for significant returns in a dynamic and growing market. The asking price for this exceptional commercial property is $2,550,000.

Property Details for 5 Pensacola Rd

Property type
Commercial real estate
Year Built
1947
Lot Size (sq. ft)
190,357 SF

Location Insight

City
Burnsville
County
Yancey
State
North Carolina
Latitude
35.91599
Longitude
-82.28707

FAQs

What type of property is this?
Commercial real estate - 4.37 Acres, Triple Road Frontage, High Traffic
Where is the commercial real estate located?
The property is located at 5 Pensacola Rd Burnsville, NC.
What is the asking price?
The asking price for this property is $2,550,000.
How can I contact the broker?
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5 Pensacola Rd
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