624 Village Road SW, Shallotte, NC 28470 (MLS# 100209529)

624 Village Road SW, Shallotte, NC 28470

$1,100,000
Property Type: Comm Sale or Lease Square Footage: 15,490 Lot Size (sq. ft.): 229,126 Status: Closed
Current Price: $1,100,000 List Date: 3/16/2020 Last Modified: 1/20/2022

Description

Excellent investment opportunity in the rapidly growing Town of Shallotte, NC. Two office buildings, one with four units and one with three units, and one eight unit apartment building included in sale. Fully occupied with excellent rental history. Individual units have been upgraded on turnover demanding increasing rents.

More Information MLS# 100209529

Contract Info

Status: Closed Marketing Start Date: 2020-03-16 Sub-Type: Improved Garage: N/A Sale/Lease: Sale Auction: No Listing Price: 1495000 Current Price: $1,100,000 List Price/SqFt: 96.51 Stipulation of Sale: Standard

Location Information

Street #: 624 Street Name: Village Street Suffix: Road Post Direction: SW County: Brunswick State/Province: NC Zip Code: 28470 City Limits: Yes Marketing City: Shallotte Subdivision: Not In Subdivision Secondary Subdivision: N/A Geo Lat: 33.958375 Geo Lon: -78.399656

Remarks and Showing

Directions to Property: From Ocean Isle Beach take Highway 179 (Village Road) towards Main Street Shallotte. Property is on the Left across from Calvary Baptist Church. From Highway 130 (Whiteville Road) head southeast until Whiteville Rd turns right and becomes Village Rd. Property is on the right approximately 1 mile. Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 15490

Legal and Taxes

Tax Assessed Value: 946050 Deed Book: 02150 Deed Page: 793 Legal: 5.26AC VILLAGE PINES OFFICE PARK PL-24/178 Broker Owner: No PID: 19700059 Tax Identifier: 19700059 Special Assessments: None Tax Year: 2019 Year Built: 1987 Zoning: HB HOA: No Cobra Zone: No

Status Change Info

Under Contract Date: 2020-08-06 Sold Price: $1,100,000 Sold Date: 2020-12-23

Current Service Providers

Electric Provider: Brunswick Electric Sewer Provider: Town of Shallotte Water Provider: Town of Shallotte

Property Features

Business Type: Mixed; Professional/Office Parking Features: Off Street; On Site; Paved; Shared Driveway Cooling: Central Air Heating: Heat Pump Utilities: Water Available Sewer: Municipal Sewer Water Source: Municipal Water Terms: Cash; Conventional
Listing Office: Intracoastal Realty
Last Updated: January - 20 - 2022
624 Village Road SW, Shallotte, NC 28470- MLS# 100209529
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