413 Main StHavelock, NC 28532

  • Retail properties
  • 2,694 SF
For Sale
$679,000 View listing

Property Details for 413 Main St

Year built
1984
Lot size
0.87 AC
Property size (Sq ft)
2,694 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
6-053 -013
APU
6053013

Description

This exceptional 2,694 square foot commercial property, located at 413 W Main St, Havelock, NC 28532, presents a unique investment opportunity. Previously a Wendy's restaurant, the building underwent a complete renovation in 2022, offering a modern and move-in ready space. The single-tenant property sits on a 0.869-acre lot and features 43 parking spaces, ensuring ample customer convenience. Its Highway Commercial (HC) zoning allows for a variety of retail or restaurant uses. Built in 1984, the one-story building is well-maintained and benefits from high visibility due to its prime location in a bustling commercial area. The property's APN is 6-053-013. Electricity is available. This versatile space is perfect for an owner-operator or investor looking for a high-traffic location with significant potential. The property offers a blend of modern updates and a strong location, making it an attractive option for businesses seeking to establish or expand their presence in Havelock, North Carolina. The ample parking and convenient access further enhance its appeal. This is a rare opportunity to acquire a well-positioned, renovated commercial property in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $734,748
    6.5%
    $678,229
    7%
    $629,784
  • Comparable approach

    Method
    Valuation
    Relative Method
    $761,922
    Geo Method
    $1,558,320
  • Alternative Use

    Use
    Valuation
    Residential
    $572,111
    Hospitality
    $524,051
    Educational
    $436,004
    Medical
    $450,999
    Retail
    $678,229
413 Main St, Havelock, North Carolina

Location Insight

City
Havelock
County
Craven
State
North Carolina
Latitude
34.8897
Longitude
-76.922
CBSA code
35100
CBSA name
NEW BERN, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,848
-
$160,000
$160,000
-
-
$160,000
$160,000

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