30 Union StConcord, NC 28025
- Retail properties
- 11,076 SF
Property Details for 30 Union St
- Year built
- 1890
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 11,076 SF
- Zone code
- CC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 5620 87 9749
- APU
- 5620879749
Description
This exceptional Class A office property, located at 30 Union St N, Concord, NC 28025, offers flexible spaces ideal for businesses of various sizes. The building, totaling 6,031 square feet, is currently fully vacant and available for immediate occupancy. The property features two distinct spaces: a street-level suite of 3,549 contiguous square feet and a 1,200 square foot second-floor office. The minimum divisible space is 2,482 square feet, allowing for customization to suit specific needs. The building has undergone a complete renovation and restoration, showcasing modern amenities within a historically significant structure. Situated in the heart of downtown Concord, this location benefits from the city's rapid growth, boasting over 33% population increase in the last decade. Concord's revitalized downtown area is home to over 40 small businesses and is experiencing significant investment, exceeding $79 million in commercial and residential projects. The ground floor space is adjacent to a thriving local business. Contact us today to discuss pricing and lease terms for these exceptional office spaces.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,925,130
- 6.5%
- $3,623,197
- 7%
- $3,364,398
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,726,537
- Geo Method
- $4,726,537
-
Alternative Use
- Use
- Valuation
- Residential
- $3,056,302
- Hospitality
- $2,799,556
- Educational
- $2,329,198
- Medical
- $2,409,303
- Retail
- $3,623,197
Location Insight
- City
- Concord
- County
- Cabarrus
- State
- North Carolina
- Latitude
- 35.4097
- Longitude
- -80.581
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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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