1120 S US HWY 29 Highway China Grove, NC $ 589,995
1120 S US HWY 29 Highway
$ 589,995
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1120 S US HWY 29 Highway

China Grove, NC, 28023
$ 589,995
Baths0.0

Monthly Estimate*

$ 4,121

1120 S US HWY 29 Highway, China Grove, NC 28023 - Image 1
1120 S US HWY 29 Highway, China Grove, NC 28023 - Image 2
1120 S US HWY 29 Highway, China Grove, NC 28023 - Image 3
1120 S US HWY 29 Highway, China Grove, NC 28023 - Image 4
Studio

Commercial Property for sale in China Grove, NC

for $589,995. This building was built in 1991 on a lot size of 1.33.

Location! Location! Location! The secret to building wealth starts with wise investments such as INCOME PRODUCING PROPERTIES, and that is what you get with this property. The property is subject to a leases. Please respect tenants and do not approach tenants or disrupt their day to day business. The property features road frontage on 3 sides with nearly 400 Ft. frontage on US HWY. 29. With the construction that is underway in this area, China Grove's population is expected to double in the very near future. The property is very close to where Kannapolis annexed & has started construction. This should bring even more growth to the area. This is your opportunity to get in early before prices skyrocket. There are a few people interested in owner financing, however the seller will not owner finance this property to anyone.

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Commercial Active

Price

$ 589,995

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

None

Lot Size

1.33

Year Built

1991

Town/City

China Grove

County/Region

Rowan

MLS | Web ID

4096711

Features
General
Sewer Public Sewer
Heating Electric
Cooling Electric
Roof Metal
Year Built 1991
Property SubType None
County Rowan
New Construction N
Property Type Commercial Sale
City China Grove
Number of Units Leased 2
Street Name US HWY 29
Standard Status Active
Construction Type Site Built
Restrictions No Representation
Tax Assessed Value 167672
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Exterior
Parking Features Driveway Garage Shop Parking Lot
Lot Features Cleared Corner Lot
Water Source Well
Inclusions Building Land
Lot Size Area 1.33
Number of Buildings 2
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type 4 Lane Highway US Highway
Road Responsibility Publicly Maintained Road
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Interior
Street Suffix Highway
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Internal Only
Street Number 1 1120
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* Excluded Features
List By
Premier Real Estate Team Inc.

Broker

Affordability Calculator

$4,121
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,121
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
1/2/2024$589,995 Listed Price

Map


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1120 S US HWY 29 Highway, China Grove, NC, 28023 is a Commercial Property for sale at $589,995 with a lot size of 1.33. 1120 S US HWY 29 Highway is a studio with 0.0 baths and was built in 1991. The property's zip code is 28023 which is in China Grove, NC