215 Main StDavidson, NC 28036

Property Details for 215 Main St

Year built

1930

Lot size

0.30 AC

Property size (Sq ft)

4,428 SF

Zone code

VE

Property type

Office properties

Property subtype

Office buildings

APN

325605

APU

325605

Description

This exceptional Class B executive office condo, located at 215 S Main St in Davidson, NC, presents a unique investment opportunity. Priced at $595,000, this 818 square foot space boasts a high-end interior design throughout, recently remodeled to perfection. The property features approximately 612 usable square feet, complemented by a stunning kitchenette complete with a glass backsplash and Silestone countertops. The layout includes two private offices, a dedicated conference room, and a welcoming reception area. Adding to its convenience, the condo includes two reserved covered parking spaces. Situated in Mecklenburg County, zip code 28036, this property offers a prime location in the thriving Davidson market. The combination of its luxurious finishes, functional design, and convenient amenities makes this an ideal space for discerning professionals seeking a sophisticated and efficient workspace. This is a rare opportunity to acquire a move-in ready executive office condo in a highly desirable location. The property is categorized as Office and Land.

• CAP approach

  CAP return

  Valuation

  6%

  $1,067,484

  6.5%

  $985,370

  7%

  $914,986

• Comparable approach

  Method

  Valuation

  Relative Method

  $749,838

  Geo Method

  $749,838

• Alternative Use

  Use

  Valuation

  Residential

  $1,221,859

  Hospitality

  $1,119,216

  Educational

  $931,175

  Medical

  $963,199

  Retail

  $1,448,494

Location Insight

City

Davidson

County

Mecklenburg

State

North Carolina

Latitude

35.5007

Longitude

-80.8483

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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