For Sale
$2,250,000

912 Main AveNewton, NC 28658

6.5-Acre Mixed-Use Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 6.5-acre property in Newton, North Carolina, presents a unique investment opportunity. Located at 912 N Main Avenue, this assemblage comprises three parcels of land, including two residential parcels currently under month-to-month leases, an office building, and a substantial 63,000+-square-foot manufacturing building. The entire block presents significant potential for mixed-use development, capitalizing on its prime location just blocks from downtown Newton. The existing structures offer immediate income potential, with the residential units and office building currently occupied under month-to-month leases. Detailed lease information is available upon request. Prospective buyers should note that tenants should not be disturbed. The asking price for this expansive property is $2,250,000. This is a rare chance to acquire a large, centrally located property with diverse existing structures and significant redevelopment potential in a growing North Carolina community. The property's zoning and potential uses should be verified independently. The 28658 zip code offers convenient access to local amenities and transportation networks. This is an ideal opportunity for developers seeking a substantial project with immediate income generation and long-term growth prospects. Serious inquiries only.

Highlights

  • 6.5-acre assemblage in Newton, NC, at 912 N Main Avenue.
  • Three parcels including two rent-producing residential units (month-to-month leases), an office building, and a 63,000+ SF manufacturing building.
  • Significant mixed-use development potential, blocks from downtown Newton.
  • $2,250,000 asking price.
  • Current tenants in place, generating immediate income.

Property Details for 912 Main Ave

Property type
Office properties, Mixed-use properties
Lot Size (sq. ft)
283,140 SF

Location Insight

City
Newton
County
Catawba
State
North Carolina
Latitude
35.6720086
Longitude
-81.2218052
912 Main Ave, Newton, North Carolina

FAQs

What type of property is this?
Office property - 6.5-Acre Mixed-Use Development Opportunity
Where is the office property located?
The property is located at 912 Main Ave Newton, NC.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 6.5-acre assemblage in Newton, NC, at 912 N Main Avenue.; Three parcels including two rent-producing residential units (month-to-month leases), an office building, and a 63,000+ SF manufacturing building.; Significant mixed-use development potential, blocks from downtown Newton.
How can I contact the broker?
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912 Main Ave
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