105 B StErwin, NC 28339

Property Details for 105 B St

Year built

1955

Lot size

0.21 AC

Property size (Sq ft)

3,200 SF

Zone code

B2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

6059715320003

APU

6059715320003

Description

This exceptional 800-square-foot retail space presents a fantastic opportunity for a hair salon owner or investor. Located in a peaceful neighborhood near downtown Erwin, this single-tenant property is completely vacant and ready for immediate occupancy. The existing build-out includes four styling stations and three wash stations, providing ample space for a thriving business. A convenient bathroom is also included. The property boasts six parking spaces, ensuring ample parking for clients and staff. Utilities are serviced by Duke Power, providing a reliable energy source. The property's location offers a blend of accessibility and tranquility, making it an ideal setting for a salon seeking a comfortable and convenient location. The property is situated within the Harnett County submarket, specifically within the hair salon submarket cluster. This turnkey solution eliminates the need for extensive renovations, allowing for a quick start-up and immediate revenue generation. The property's size and amenities make it suitable for a variety of salon concepts, from a small, intimate setting to a larger, more established business. This is a rare opportunity to acquire a fully equipped and ready-to-use hair salon in a desirable location. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,140,221

  6.5%

  $1,052,512

  7%

  $977,333

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,134,714

  Geo Method

  $1,851,010

• Alternative Use

  Use

  Valuation

  Residential

  $887,833

  Hospitality

  $813,250

  Educational

  $676,615

  Medical

  $699,885

  Retail

  $1,052,512

Location Insight

City

Erwin

County

Harnett

State

North Carolina

Latitude

35.3217

Longitude

-78.6752

CBSA code

22180

CBSA name

FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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