149 Main Street W $1,250,000

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    149 Main Street W Valdese, NC 28690

    • 7,188 sq. ft.
    • 0.15 Acres
    • Commercial
    • MLS# 3849620
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    Views: 3 Days On Site: 72

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    Property Details

    Tremendous investment opportunity. Property consists of two commercial spaces plus six apartments. Everything is currently fully leased! The frontage on Main Street host a busy operating restaurant and a commercial space that recently signed a new 3 year lease. Most of the restaurant equipment, per the attached list, will also convey. Upstairs are 5 extremely nice one bedroom /one bathroom apartments. The commercial spaces along with the 5 main building apartments were recently renovated. Attached to the back of this building is another structure that hosts restaurant storage and a walk in cooler/freezer. The structure wraps up with a main level apartment with a covered patio and 1 car carport. This amazing property is located in quaint, yet progressive, downtown Valdese North Carolina. Downtown Valdese is alive with regular festivals, live music and downtown parks. Valdese is located approx. one hour and fifteen minutes from Charlotte and an hour from Asheville or Boone.

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    Neighborhood

    28690 (Valdese) Demographics

    46 Median Age
    447 Population Density (per sq. mile)
    36% College Educated
    $49,846 Estimated Median Income
    3,163 Estimated Total Home Owners
    869 Estimated Total Renters
    78% / 22% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    9,696 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $240,000 Median Sales Price
    9 Homes Sold
    13 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,250,000
        6/19/2022 2:28:35 PM Status Changed Source: Multiple Listing Service New Value: Active
        5/11/2022 3:58:49 PM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        4/13/2022 8:29:00 PM New in Database Source: Multiple Listing Service New Value: $1,250,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        IDX Based on information submitted to the MLS GRID as of 6/24/2022 6:02:52 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. © 2022

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.