229 E Court Street Marion, North Carolina 28752
229 E Court Street

This property Closed on 01/02/20

  • MLS#: 3340987
  • Close Price: $230,000
  • Approx. Sq. Ft: 2,969
  • Approx. Acreage: 0.414
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This Property Closed On 01/06/20

If you have further questions, please contact us at 1 (866) 858-2557

Close Price: $230,000

Original Listing Price: $390,000

Community: McDowell List Date: 11/27/17

Attention Investors! Opportunity to purchase a turnkey investment property with instant passive income at a 8.6% cap rate. Annual income is $22,800, and current tenant is on a ten-year triple net lease. Existing business is a well-established, reputable child care center operating with top-notch management. No immediate capital expenditures. Possible owner financing for qualified buyer. Located in Marion, North Carolina, four blocks from the city's downtown area. Shown by appointment only.

Listed by Karl Nelson at NAI Beverly-Hanks

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Directions: I-40 to Exit 86 to N.C. 226 north. Merge with U.S. 221 to Downtown Marion. Turn right onto Court Street. Turn left into driveway between building and Napa Auto Parts. Go towards back of parking lot to child care center on the right, across from School.

Disclaimer: The map service includes search results such as listings and related information provided by third parties. Beverly-Hanks makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.

Property Features

Basement/Foundation: Block
Roof: Architectural Shingle
Heating/Cooling: Central
Cooling: Central
Street: Street
Year Built: 1999

Native American tribes settled in this region over 6,000 years ago and in the early 1700's, Ulster Scots and German settlers were drawn to McDowell County by the fertile Catawba River basin. McDowell County was the western outpost of civilization in America until the Revolutionary War.

The 220 mile long Catawba River, named after the Native American tribes that first settled on the banks, is a tributary of the Wateree River in the states of North Carolina and South Carolina. The Catawba River divides the county flowing east to west with beginnings just outside Old Fort at Catawba...Read More

Native American tribes settled in this region over 6,000 years ago and in the early 1700's, Ulster Scots and German settlers were drawn to McDowell County by the fertile Catawba River basin. McDowell County was the western outpost of civilization in America until the Revolutionary War.

The 220 mile long Catawba River, named after the Native American tribes that first settled on the banks, is a tributary of the Wateree River in the states of North Carolina and South Carolina. The Catawba River divides the county flowing east to west with beginnings just outside Old Fort at Catawba Falls.

McDowell county lands include the Pisgah National Forest, which covers 67,000 acres, the Overmountain Victory National Historic Trail and the Blue Ridge Parkway, which forms 30 miles of the county's northern border, Catawba Falls and the Linville Gorge Wilderness Area.

The vast 446 square mile countryside of McDowell County includes Marion, Old Fort, Little Switzerland, Linville Falls and Lake James. The population of McDowell County was 44,961 in 2013. Elevations here top out at 4,000 feet above sea level opening up to views of the green valley floors below.

McDowell County www.mcdowellgov.com

Community Amenities

Nearby Activities

  • Lake Fishing
  • Fly Fishing
  • Running
  • Walking/Hiking
  • Kayaking/Canoeing
  • Boating
  • Mountain Biking/Cycling
  • Tennis
  • Shopping
  • Dining
  • Golf

Karl Nelson

Beverly-Hanks

NAI Beverly-Hanks

Email: [email protected]
Office:
Direct: (828) 713-0927

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