Property Listing No Longer Available for Sale

16 2nd St SW, Hickory, NC

Retail for Sale - $550,000 - 25,854 Sq. Ft. on 0.32 acres


Property Info

CIMLS#985275
Location
  16 2nd St SW
  Hickory NC 28601
UpdatedAugust 9th, 2018
TypeRetail
Price$550,000
Building25,854 Sq. Ft.
Land0.32 acres

Property Description

Both levels leased. Main level is on a month to month. Lower level leased at $3,230 per month. Net income $43,860 year, cap rate approx 9.1%. Lower level fixtures do not convey. All main level lighting and safety issues updated 2 years ago. Great opportunity! Gas boiler & A/C have been dismantled. Will install heat pump to a new user.


Financials