395 Crimson Laurel Way
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$879,999
Community: Bakersville in Mitchell County
Thank You!
You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here
If You Have Any Other Questions, Call Us At 1(888)-247-3466
Two stand alone, occupied buildings on one parcel for Sale at a 7.8% cap rate, in Bakersville, NC. Current tenants include 7,500 SF Dollar General (current term expires July 31, 2028 with 1 remaining renewal option) and 3,000 SF French Broad Electric office building comprising 1,500 SF of finished office and a 1,500 SF basement (on a month-to-month lease). With limited retail development options and minimal competition in the surrounding area, this asset presents a unique opportunity for stable income and future upside. Contact broker Scott Raines for showings and additional details.
Original Listing Price:
879,999
MLS #: 4328637
Listing Status: Active
Days on Market: 63
Buying Firm Commission: Test
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Map
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Directions: GPS Address: 395 Crimson Laurel Way, Bakersville, NC 28705 From Spruce Pine: Take NC-226 N toward Bakersville. Continue approximately 7 miles into Bakersville. At the intersection in town, turn left onto NC-80 S. Continue about 0.4 miles, then turn right onto Crimson Laurel Way. Follow the road to 395 Crimson Laurel Way (property will be on the right). From Burnsville: Take US-19E N toward Spruce Pine. Turn left onto NC-226 N and continue approximately 11 miles to Bakersville. Turn left onto NC-80 S, go 0.4 miles, then turn right onto Crimson Laurel Way. Proceed to 395 Crimson Laurel Way on the right.
Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.
Property Features
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Year Built: 1970
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