508 Mulberry StLenoir, NC 28645

  • Industrial properties
  • 3,564 SF
For Sale
$425,000 View listing

Property Details for 508 Mulberry St

Year built
1890
Lot size
0.29 AC
Property size (Sq ft)
3,564 SF
Property type
Industrial properties
APN
06 35 5 15
APU
635515

Description

This meticulously maintained, 2,852 square foot office building in Lenoir, NC, presents a fantastic investment opportunity. Situated on a 0.32-acre lot, the property boasts six spacious offices, all featuring attractive hardwood floors. The main level comprises three offices, one highlighted by a charming natural gas fireplace. A fully equipped kitchen, complete with refrigerator, dishwasher, drop-in range, and ample cabinetry and storage, is also located on the main level, along with a half bath incorporating a cleverly concealed room providing laundry facilities, a natural gas water heater, and additional storage. A heated storage room, accessible from both inside the building and via the rear parking lot, adds to the property's versatility. Upstairs, three more offices offer built-in bookcases, complemented by a full bathroom featuring a shower and vintage vanity, plus extra storage. Convenient parking is available both on the street and in a shared rear parking area, with two additional building entrances from this area. The property also includes an unheated basement accessible from the interior and a 374 square foot outbuilding with electricity, ideal for extra storage or other uses. The building is zoned O-I.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $953,180
    Hospitality
    $873,108
    Educational
    $726,416
    Medical
    $751,398
    Retail
    $1,129,980

Location Insight

City
Lenoir
County
Caldwell
State
North Carolina
Latitude
35.908
Longitude
-81.5349
CBSA code
25860
CBSA name
HICKORY-LENOIR-MORGANTON, NC METROPOLITAN 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
0
-
$47,000
$160,500
$207,500
-
$47,000
$160,500
$207,500

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