Prime Real Estate Redevelopment Opportunity

Gastonia, NC
Gaston County


Asking Price: Annual Revenue:
$2,000,000 Not Disclosed

Commercial Real Estate: Land


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RE: Prime Real Estate Redevelopment Opportunity Broker: Michael R Norman

Quick Facts

Asking Price: $2,000,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $2,000,000
Year Established: 1993
Employees: Not Disclosed
BBN Listing #: 993750254
Broker Reference #: 18345

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Business Overview:

18.4 acres of Prime Real Estate zoned for automotive, retail, apartment or Townhome Development. Located in the Heart of Gastonia, NC on a major road(with 26k vehicles per day) and only 5 minutes from I-85(with 83k vehicles per day). This upcoming redevelopment area of the city is next to other new and recent commercial development. Property currently includes a Muffler/Brake Shop, Used Car lot, Vacant Land, and a Cell Tower. The Cell Tower is being leased out for the next 50 years with a 5% annual rent increase. The opportunity is vast and this property has very strong potential. Can be subdivided. Call to discuss.

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Property Features and Assets:

In the heart of Gastonia NC in a high traffic area with (26,000 vehicles per day) and only 5 minutes from I-85 with (83K vehicles per day). Located in an upcoming redevelopment area of the city next to new and recent commercial development and it has very strong redevelopment potential.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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