122 Cabarrus Avenue E Concord, NC $ 550,000
122 Cabarrus Avenue E
$ 550,000
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122 Cabarrus Avenue E

Concord, NC, 28025
$ 550,000
Baths0.0

Monthly Estimate*

$ 3,842

122 Cabarrus Avenue E, Concord, NC 28025 - Image 1
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122 Cabarrus Avenue E, Concord, NC 28025 - Image 13
Studio

Commercial Property for sale in Concord, NC

for $550,000. This building was built in 1920 on a lot size of 1.19.

New opportunity in burgeoning downtown Concord with excellent walkability. This area is rapidly redeveloping and qualifies for mixed use, high density zoning. Zoned as City Center with + or - 1.19 A. Property currently consists of parking lot and 1384 sq ft building formerly used as funeral home. Great potential for commercial and multi-family. Close proximity to Hwy. 3, Interstate 85, Hwy. 29, and Hwy. 49. Historic downtown currently has over $200 million in public and private investment dollars. Great opportunity here for your next project! Dwelling on property "sold as is." Contact me for information packet. The City of Concord is operating under sewer allocation guidelines and an application may or may not be required. Buyer is responsible for verification.

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Commercial Contingent

Price

$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

N/A

Lot Size

1.19

Year Built

1920

Town/City

Concord

County/Region

Cabarrus

MLS | Web ID

4063251

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Zoning CC
Construction Materials Aluminum Vinyl
Year Built 1920
Property SubType N/A
Waterfront Features None
County Cabarrus
New Construction N
Property Type Commercial Sale
Possible Use Commercial Multi-Family
City Concord
Street Name Cabarrus
Standard Status Active Under Contract
Construction Type Site Built
Restrictions No Representation
Tax Assessed Value 323120
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Exterior
Parking Features Parking Lot
Lot Features Open Lot Paved
Water Source City
Inclusions Building Land
Lot Size Area 1.19
Foundation Details Crawl Space
Number of Buildings 1
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type City Street
Road Responsibility Publicly Maintained Road
Road Frontage 175
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Interior
Street Suffix Avenue
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Internal Only
Street Number 1 122
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* Excluded Features
List By
Allen Tate Concord

Broker

Affordability Calculator

$3,842
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/31/2023$550,000 Listed Price

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122 Cabarrus Avenue E, Concord, NC, 28025 is a Commercial Property for sale at $550,000 with a lot size of 1.19. 122 Cabarrus Avenue E is a studio with 0.0 baths and was built in 1920. The property's zip code is 28025 which is in Concord, NC