122 Cabarrus AveConcord, NC 28025

For Sale
$550,000
Prime Downtown Concord Lot, High Density Zoning

Overview

Added:
Feb 3
Days on market:
72
This exceptional 1.19-acre commercial property in Concord, NC, presents a unique redevelopment opportunity. Located at 122 Cabarrus Avenue E, the site boasts a prime downtown location with excellent walkability and access to major transportation arteries including Highway 3, Interstate 85, Highway 29, and Highway 49. Currently featuring a 1384 square foot building (formerly a funeral home) and a parking lot, the property is zoned City Center, allowing for mixed-use and high-density development. This vibrant area is experiencing significant revitalization, with over $200 million in recent public and private investments. The high-growth potential is further enhanced by the property's eligibility for mixed-use zoning. The existing building is sold "as is." Prospective buyers should be aware that the City of Concord operates under sewer allocation guidelines, and an application may be required. It is the buyer's responsibility to verify all zoning regulations and obtain any necessary permits. This presents a compelling investment opportunity for developers seeking to capitalize on Concord's burgeoning downtown scene and create a thriving commercial or multi-family project. The asking price is $550,000.

Property Details for 122 Cabarrus Ave

Property type
Commercial real estate
Year Built
1920
Lot Size (sq. ft)
51,836 SF

Location Insight

City
Concord
County
Cabarrus
State
North Carolina
Latitude
35.41323
Longitude
-80.57745
122 Cabarrus Ave, Concord, North Carolina

FAQs

What type of property is this?
Commercial real estate - Prime Downtown Concord Lot, High Density Zoning
Where is the commercial real estate located?
The property is located at 122 Cabarrus Ave Concord, NC.
What is the asking price?
The asking price for this property is $550,000.
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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122 Cabarrus Ave
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