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
Building/Ext Features
# of Units: 15
Lot Acres: 5.26
Lot SqFt: 229126
Lot Dimensions: 371 x 365
Location Type: Mainland
Contract Info
Sub-Type: Improved
Garage: N/A
Sale/Lease: Sale
Auction: No
List Price/SqFt: 96.51
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2020-03-16
Listing Price: 1495000
Current Price: $1,100,000
Location Information
City Limits: Yes
Marketing City: Shallotte
Secondary Subdivision: N/A
Street #: 624
Street Name: Village
Street Suffix: Road
Post Direction: SW
County: Brunswick
State/Province: NC
Zip Code: 28470
Subdivision: Not In Subdivision
Geo Lat: 33.958375
Geo Lon: -78.399656
Remarks and Showing
Sign on Property: No
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.
Building Info
New Construction: No
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
Plat Book: 0
Plat Page: 0
Special Assessments: None
Tax Year: 2019
Zoning: HB
HOA: No
Cobra Zone: No
Year Built: 1987
Business Type
Mixed: 1
Professional/Office: 1
Current Service Providers
Electric Provider: Brunswick Electric
Sewer Provider: Town of Shallotte
Water Provider: Town of Shallotte
Terms
Cash: 1
Conventional: 1
Parking Features
Off Street: 1
On Site: 1
Paved: 1
Shared Driveway: 1
Sale/Lease Includes
Buildings: 1
Land: 1
Road Type/Frontage
2 - 3 Lanes: 1
Maintained: 1
Public (City/Cty/St): 1
Cooling
Central Air: 1
Heating
Heat Pump: 1
Utilities
Water Available: 1
Water Source
Municipal Water: 1
Sewer
Municipal Sewer: 1
BuildingExt Features
SqFt - Heated (Primary): 15490
Status Change Info
Under Contract Date: 2020-08-06
Sold Price: $1,100,000
Sold Date: 2020-12-23
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
IDX
Last Updated: January - 20 - 2022
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