MLS#4425579
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
RARE 4.37-ACRE COMMERCIAL DEVELOPMENT SITE WITH PRIME HIGHWAY VISIBILITY IN BURNSVILLE. Positioned at a prominent East Burnsville intersection with frontage along US Hwy 19E Bypass, Pensacola Road and East Main Street, this C-2 zoned property presents a rare opportunity to acquire a substantial commercial site in a highly visible location near downtown Burnsville. With approximately 4.37 acres and multiple points of road frontage, the property offers a scale and location well suited for a variety of commercial concepts, redevelopment strategies or continued investment use. The property currently includes 7 existing structures, including a store building and brick home, which are leased month-to-month and collectively generate approximately $5,350 in monthly rental income. The existing improvements provide an opportunity for an investor to maintain interim rental income while evaluating the property's longer-term development potential. No value is assigned to the existing structures, and Seller makes no warranties regarding the condition or suitability of the improvements. C-2 commercial zoning provides for a variety of potential commercial uses, subject to applicable zoning requirements and approvals. Potential concepts may include retail, food service, office, hospitality, mixed-use commercial/residential development and other permitted uses. The property's combination of four-lane highway frontage, city street access, prominent visibility and proximity to downtown Burnsville creates an especially interesting opportunity for developers seeking a larger commercial footprint in the market.City water and sewer are available, with natural gas, cable and fiber optic service also identified for the property. The acreage consists of Tract 1 (3.23 acres) and Tract 2 (1.14 acres), totaling approximately 4.37 acres per the attached survey. For investors, developers or businesses seeking a highly visible commercial site with meaningful acreage and existing interim rental income, opportunities of this size and location are rarely available in Burnsville.
Property Features
Property Type: Commercial - Retail
Basement: Other
Heating: Other - See Remarks
Lot Size: 4.37 Acres
Roof Type: Other - See Remarks
Year Built: 1947
Feature Descriptions
Accessibility Features: See Remarks
Appliances: None
Days on Site: 6
Exterior: Other - See Remarks
Flood Plain: Yes
Flooring: Other - See Remarks
Foundation: Other - See Remarks
Lot: Corner Lot, Flood Plain/Bottom Land, Level, Creek/Stream, Other - See Remarks
Other Equipment: Other - See Remarks
Other Parking: Each building unit has it's own parking
Other Structures: Other - See Remarks
Parcel#: 082015648360000
Parking: Other - See Remarks
Patio/Porch: Other - See Remarks
Sewer: Public Sewer
Special View Info: City, Mountain(s), Year Round
Utilities: Cable Available, Electricity Connected, Fiber Optics, Natural Gas
Water: City
Listed By / Shown By
Listed By
Agency Name: Carolina Mountain Realty, Inc.
Agency Contact: wanda@carolinamtnrealty.com
Shown By
Agent Name: Suzanne Strength, CRB
Agent Phone: Cell: (980) 241-1511
Agency Title: Lake Norman Realty
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5 Pensacola Road | MLS# 4425579
This commercial property located at 5 Pensacola Road , Burnsville, NC 28714 is currently listed for sale with an asking price of $1,950,000. Search Burnsville real estate on suzannes.lakenormanrealty.com today.