627 Gum StMooresville, NC 28115

Property Details for 627 Gum St

Year built

1913

Construction

WOOD

Lot size

1.48 AC

Property size (Sq ft)

12,079 SF

Zone code

DE

Property type

Specialty properties

Property subtype

Other specialty properties

APN

4667-33-8682.000

APU

4667338682000

Description

This exceptional 12,079 square foot commercial property, situated on a 1.48-acre lot at 627 Gum Street in the heart of Historic Downtown Mooresville, NC, presents a compelling investment opportunity. Currently configured as a second-generation funeral home, the building offers significant redevelopment potential for a variety of commercial uses. The property boasts ample parking with 40+ spaces, catering to the needs of both single and multi-tenant occupancies. Its CMX zoning allows for a wide range of commercial endeavors, making it an attractive prospect for entrepreneurs and investors alike. The substantial square footage provides flexibility for adaptive reuse, allowing for creative and innovative business plans. Located in a vibrant and growing downtown area, this property benefits from high visibility and convenient access to local amenities and transportation routes. The existing structure provides a solid foundation for immediate occupancy or extensive renovation, depending on the buyer's vision. This is a rare chance to acquire a significant commercial property in a desirable location with exceptional upside potential. The asking price is $699,000. Serious inquiries only.

• Alternative Use

  Use

  Valuation

  Residential

  $3,333,070

  Hospitality

  $3,053,074

  Educational

  $2,540,122

  Medical

  $2,627,480

  Retail

  $3,951,300

Location Insight

City

Mooresville

County

Iredell

State

North Carolina

Latitude

35.5875

Longitude

-80.8033

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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