$2,395,000

714 Corbett Avenue

Swansboro NC, 28584

Description

Excellent Income producing property in the growing Historic Waterfront Town of Swansboro NC. Located on high traffic area of NC Hwy 24, 714 W Corbett Avenue. Property as improved consists of an office/conference center, rental complex totaling approximately 18,787sf. Building was originally constructed in 1972 as a grocery store actual age 47 years; Building was totally gutted leaving only the foundation, bare concrete floors, stripped interior walls and roof remained undergoing a complete rebuild in late 2005/2006 when the property was converted to a multi-tenant office/retail space. All new Plumbing, Electrical, HVAC, Fire controls, Additional Parking and Signage. Original parking lot was resurfaced in 2017. Building is on a slab foundation, consisting of a wood framed facia, brick front facade, stucco siding walls, metal over hangs and metal ribbed roof. Interior units are separated with 2X6 insulated wood walls, 5/8 fire rated gypsum, 1&2-hour fire walls. Building features central HVAC units and multiple cameras located throughout building. Complete Engineered building plans are on site for review. Interior of the property subdivided into 30 rentable units. Including 10 outside access retail units; 1&2, Coin Laundry/Dry Cleaners; 3, Tobacco Shop: 4, Tanning Salon: 5, Hair Salon; 6&7. Nail Salon; 8, Real Estate Investment Co; 9&10, Restaurant. Interior Office Complex: 11 individual offices that provides office tenants with; 24/7 access; wireless and hardwired internet; access to an updated printer-fax-scanner; conference room that includes smart tv, overhead projector; phone system; two large restrooms; Kitchen; Client waiting area; break/lounge area; Private bathroom with shower & washer dryer; Electrical/IT Equipment room, All included in monthly rent. EXTERIOR STORAGE locker units, 7 along with 2ea. 8'X8'X40' Conex shipping/storage containers. NOTE: The exterior storage units have been used by the owner's construction company. OUTSIDE land lease, ICE Machine.

Details

MLS#100194883
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1976
Days On Site148

Features

SQ Feet18,700
Story(s)1
Units34
ZoningB1

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Area Information

StateNC
CountyOnslow
CitySwansboro
Zip Code28584
AreaOnslow
Listing VS Median (in 28584)
Price:
$2,395,000
low | high
Med:
$235,000
100% of Average
SqFt:
18,700
low | high
Med:
2,052
100% of Average
$ / SqFt:
$128
low | high
Med:
$115
60.581661762851% of Average
On Site:
148
low | high
Med:
27
100% of Average
Listing Updated: 05/26/2020
MLS Number: 100194883
Listing Provided By:
Junior D Freeman  of  Allegro Realty
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