For Sale
$2,150,000

221 2Nd AveHickory, NC 28602

5.23 Acres, Downtown Hickory, NC

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 5.23-acre property presents a unique redevelopment opportunity in downtown Hickory, North Carolina. Located at 221 2nd Ave SW, this hard-corner lot offers unparalleled visibility and accessibility. The property includes four buildings totaling 561 to 10,865 square feet, currently housing four tenants under gross leases expiring June 30, 2026. The existing structures, built between 1947 and 1976, are classified as Class C and offer a mix of commercial and residential uses. The property's zoning permits both residential (R4) and commercial (C1) development, allowing for a diverse range of possibilities. The asking price is $2,150,000. The property's location offers proximity to Union Square, providing easy access to shops, restaurants, and entertainment. This investment is categorized as owner/user or lease, ideal for developers seeking a prime location for a mixed-use project. The lot's size and zoning flexibility provide ample opportunity for a significant development. The property features a 14-foot ceiling height in the existing buildings. The parcel's APN numbers are 370207583501, 370206489679, 370207580507, and 370207580510. There are no loading docks.

Property Details for 221 2Nd Ave

Property type
Specialty properties, Retail properties
Square Feet
561 SF
Class
C
Year Built
1947
Buildings
4
Lot Size (sq. ft)
227,819 SF
Units
4

Location Insight

City
Hickory
County
Catawba
State
North Carolina
Latitude
35.7299144
Longitude
-81.3405164
221 2Nd Ave, Hickory, North Carolina

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221 2Nd Ave
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