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Blowing Rock,NC 28605
Key Details
Property Type Commercial
Sub Type Building/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 252836
Year Built 1981
Annual Tax Amount $8,759
Lot Size 5,227 Sqft
Property Sub-Type Building/Land
Property Description
HEART OF DOWNTOWN BLOWING ROCK 5,239 SF MIXED-USE BUILDING, completely renovated in 2023, with 2,625 SF leased retail space on the main level with outdoor display area, and two 2-bedroom furnished vacation rental apartments upstairs. Reflecting its proximity to Main Street (a half block away), this area was just rezoned “Town Center-East”. Commercial space has a 5-year lease with an option to renew. Detailed financial information is available for qualified buyers with a signed Confidentiality Agreement. Despite 2024 being its first full year of rental income, with bookings cancelled because of Hurricane Helene, the property is already demonstrating gross income of over $150,000. Two off-site deeded parking places are included for the use of the apartments.
Location
State NC
County Watauga
Community Short Term Rental Allowed
Area 4-Bluerdg, Blowrck Yadvall-Pattsn-Globe-Caldwll)
Interior
Heating Electric,Forced Air
Cooling Electric,Other,See Remarks,3+ Units
Exterior
Parking Features Off Site
Community Features Short Term Rental Allowed
Utilities Available Cable Available,High Speed Internet Available
Roof Type Architectural,Shingle
Building
Story 2
Sewer Public Sewer
Water Public
Schools
Elementary Schools Blowing Rock
High Schools Watauga
Others
Acceptable Financing Cash,Conventional,New Loan
Listing Terms Cash,Conventional,New Loan
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