Property Description:
🌆Prime High Point Commercial: Value-Add, Massive Upside - Investor Special! 📈💲
Step into opportunity with this charming commercial gem on N Queen St in the heart of Kinston, NC! Featuring 2,605 sqft of flexible interior space on a 0.056-acre lot—this property is ideal for a boutique shop, office, or creative redevelopment. With excellent visibility and close proximity to downtown, it’s a prime choice for entrepreneurs and investors ready to bring their vision to life in a thriving market.
🔥 Asking Price: 39,990
📈 ARV: 672,000
(based on $67,200 net income and 10% cap rate)
🔨 Est. Rehab: 120,000
💸 Profit Potential: 350,000 or More!
🏠 Property Details:
📍 Location: N Queen St, Kinston, NC 28501 (full address available on request)
🏬 Commercial | 2,605 sqft
📏 Lot Size: 0.056 acres (2,470 sqft)
📅 Built in 1901 – Solid structure with vintage character
📈 Zoning: B-2 - Downtown Business District
💵 Rental Potential – Strong demand in the area for small commercial units
💵 Why This Commercial Property is Gold:
🗸 Prime Location: Close to local shops, restaurants, and amenities, boosting visibility and foot traffic.
🗸 Investment Opportunity: Priced below market value, offering significant potential for value through rehab.
🗸 Thriving Business District: Surrounded by active commercial areas with restaurants, shops, and services.
🗸 Scalable Space: Flexible layout suitable for a range of businesses, with room to expand or customize.
🗸 Strong Demand: High local demand for small commercial spaces, ideal for diverse business uses.
🗸 Growth Potential: Situated in a revitalizing area with strong prospects for long-term appreciation and development.
📢 Don't miss out! Properties like this don't stay on the market long. Contact me ASAP to learn more or schedule a tour.
📢 Need Fast & Flexible Funding? Rain City Capital has you covered!🤝
🔹 Competitive Interest Rates | Close in Days!
🔹 Get the Cash You Need to Flip or Rent with Confidence!
👉 CLICK HERE to Get a Custom Quote