1345 Poplar Grove Road S Active

Boone,NC 28607

$ 1150000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Building/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 257429

Year Built 1986

Annual Tax Amount $1,443

Lot Size 1.050 Acres

Property Sub-Type Building/Land

Property Description

EXTRAORDINARILY VERSATILE 7,362 SF CONSTRUCTION OFFICE/DESIGN COMMERCIAL MULTI-USE BUILDING. 6-6.5% CAP RATE. Yes, millions of dollars of contracts have been negotiated right here! Office space shows off the artisanal workmanship and exquisite use of quality materials that have been a hallmark of this core business for decades. Business and lease records are available with signed Confidentiality Agreements. The 7,362 SF Building currently includes rental spaces for the Construction Company and various construction-related subtenants. Even parking lot spaces are leased to a moving company. Construction Company currently occupies approximately 3,600 SF. Subtenants' leases are structured with a 30- or 90-day notice clause for maximum flexibility for use of the building.

Location

State NC

County Watauga

Area 1-Boone, Brushy Fork, New River

Interior

Heating Electric,Forced Air,Heat Pump,Propane

Cooling Central Air,Heat Pump

Exterior

Parking Features Gravel,Other,Parking Lot,Parking Space(s),See Remarks

Utilities Available Cable Available,High Speed Internet Available,Septic Available

Roof Type Metal

Building

Story 2

Sewer Septic Permit 2 Bedroom,Septic Tank

Water Private,Well

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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