220 Water StStatesville, NC 28677

Property Details for 220 Water St

Year built

1916

Lot size

0.16 AC

Property size (Sq ft)

2,752 SF

Zone code

O-1

Property type

Office buildings

APN

4744-06-7675.000

APU

4744067675000

Description

This charming 150-square-foot office space is located in a historic two-story building at 220 E Water St, Statesville, NC 28677, across from the Iredell County Courthouse. Built in 1916, the building offers a unique blend of old-world charm and modern convenience. This Class B property features 8-foot ceilings and is zoned OI. The suite includes a large storage closet. Shared amenities include a common area hallway and two bathrooms. The building has a total of 2,752 square feet and four suites. Fifteen parking spaces are available. The property sits on 0.16 acres of land and is conveniently located in downtown Statesville. Monthly rent is $550, with an additional $50 for CAM charges. No elevators are present. The property's APN is 4744-06-7675 . 000. Utilities are included. This space is ideal for a small business or individual professional seeking a unique and well-located office.

• CAP approach

  CAP return

  Valuation

  6%

  $663,441

  6.5%

  $612,407

  7%

  $568,664

• Comparable approach

  Method

  Valuation

  Relative Method

  $466,024

  Geo Method

  $466,024

• Alternative Use

  Use

  Valuation

  Residential

  $759,385

  Hospitality

  $695,592

  Educational

  $578,725

  Medical

  $598,628

  Retail

  $900,238

Location Insight

City

Statesville

County

Iredell

State

North Carolina

Latitude

35.7869

Longitude

-80.8857

CBSA code

16740

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].