130 Charlotte AveMount Holly, NC 28120

Property Details for 130 Charlotte Ave

Year built

1945

Lot size

0.29 AC

Property size (Sq ft)

9,264 SF

Zone code

REST2

Property type

Retail properties

Property subtype

Turn key restaurants

APN

123600

APU

123600

Description

This exceptional investment opportunity presents two vacant warehouse/distribution units totaling approximately 7,000 square feet, situated at 130 W Charlotte Ave in Mount Holly, North Carolina, Gaston County. The property consists of a single, two-story building, offering a combined space ideal for various industrial or special-purpose uses. Each unit offers approximately 3,500 square feet of usable space. Conveniently located behind the "Chicken King" restaurant (restaurant not included in this listing), this property provides excellent accessibility and visibility. The property is currently vacant and ready for immediate occupancy. Lease terms and rental rates are negotiable, offering flexibility to suit a variety of business needs. This is a single-tenant property, providing a unique opportunity for a business seeking a dedicated space in a prime Mount Holly location. The property's industrial zoning and ample square footage make it suitable for a range of businesses requiring warehouse or distribution space. Serious inquiries are encouraged to explore this attractive leasing opportunity. The zip code for this property is 28120.

• CAP approach

  CAP return

  Valuation

  6%

  $3,181,953

  6.5%

  $2,937,187

  7%

  $2,727,388

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,953,290

  Geo Method

  $3,953,290

• Alternative Use

  Use

  Valuation

  Residential

  $2,477,628

  Hospitality

  $2,269,493

  Educational

  $1,888,192

  Medical

  $1,953,130

  Retail

  $2,937,187

Location Insight

City

Mount Holly

County

Gaston

State

North Carolina

Latitude

35.2985

Longitude

-81.0174

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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