4188 State Hwy 80 S Highway S

 
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Acreage: 0.92

Community: Burnsville in Yancey County

Acreage: 0.92

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You will be hearing from us soon. In the meantime, if you'd like to learn more about this property, click here

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If You Have Any Other Questions, Call Us At 1(888)-247-3466

Exceptional Investment Opportunity: Multi-Use Suite Complex in Celo Community, Yancey County Welcome to a rare chance to own a thriving commercial property in the heart of Yancey County! Nestled in the picturesque Celo Community, this remarkable multi-use suite complex boasts 22 fully leased units, ensuring immediate cash flow and a waiting list of eager tenants vying for space. Whether you're an experienced investor or looking to diversify your portfolio, this property promises to deliver significant returns and long-term stability. Key Features: Prime Location: Just a stone's throw from Burnsville, this complex offers easy accessibility to major roads, drawing in local clientele and businesses. The serene surroundings of the Celo Community complement its commercial potential, making it a desirable place for businesses and tenants alike. Expansive Complex: Spanning a generous 11,260 sq. ft., this property is comprised of two well-maintained buildings. With 9,055 sq. ft. of heated units, your tenants will be comfortable year-round while the unheated storage unit adds additional income potential for those looking for extra space. Fully Occupied with Growth Potential: All units are currently rented, generating reliable income from day one. The waiting list of prospective tenants indicates a strong demand for commercial space in the area, suggesting future growth and increased rental rates. Diverse Business Opportunities: The versatile design of the multi-use suites allows for a variety of businesses to flourish, from professional offices and retail shops to creative studios and service providers. This flexibility attracts a diverse tenant mix, ensuring stability and reduced risk. Turnkey Investment: This property is not just a building; it's a fully functioning business with proven income. With well-established operations and satisfied tenants, you can step in and continue the legacy of success without missing a beat. Benefits of This Investment: Immediate Cash Flow: With all units currently rented and a waiting list, you can start reaping the benefits of your investment right away. Strategic Growth Potential: The high demand for commercial space in the area presents opportunities for future expansion or rent increases. Community Appeal: The Celo Community is known for its vibrant atmosphere and strong local economy, making it an attractive place for businesses to thrive. Easy Management: The complexity of managing multiple tenants is made easier with a well-structured business model and engaged tenant relationships already in place. This is not just a property; it’s an investment in the future. Don’t miss your chance to take advantage of this fantastic opportunity to own a multi-use suite complex in one of the most sought-after areas of Yancey County. Whether you're seeking to expand your real estate portfolio or embark on a new venture, this property is poised for success. Contact us today for a private showing and be part of the growth in the Celo Community!

Listed by RE/MAX RESULTS
Attribution: [email protected]
Original Listing Price: 699,999
MLS #: ‍4360186
Listing Status: Active
Days on Market: 10
Buying Firm Commission: Test

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Directions: From Burnsville. Take US-19 toward the Micaville loop, Take a right and follow to Hwy 80S. Take a right and follow 4.2 miles to business 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.

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Property Features

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Water: Well
Year Built: 2001
Basement/Foundation: Crawl Space
Garage/Carport: Parking Lot
Sewer: Septic Installed
Heating/Cooling: Propane,Separate Meters
Roof: Architectural Shingle,Metal
Cooling: Separate Meters,Window Unit(s)
Lot Description: Level,Open Lot,Creek/Stream,Other - See Remarks

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