Retail - Blding Mat., Hardware, Garden | Retail - Miscellaneous Retail

Asking Price	$535,000	Inventory	$300,000**
Gross Income	$450,000	Real Estate	$535,000**
Cash Flow	Not Disclosed	Year Established	1950
FF&E	N/A	Employees	3

* included in the asking price

** not included in the asking price

Many possibilities with this thriving downtown location in up & coming forest city owner will vacate within 90-120 days after sale in order to liquidate inventory, fixtures, & equipment situated on 2 lots, totaling 55 x 177, with ample street parking in front of store, & 5 spaces owned in the back of store, allowing for easy customer entrance and exit this vintage 16,800 sq ft brick building is in excellent shape, with newer roof & many other recent upgrades impeccably clean main floor of 7,200 sq ft, plus mezzanine, and also a basement of 3,800 sq ft, with loading door access 2nd floor is 5,800 sq ft, & is only partially used for storage, could be remodeled for desirable apartments or offices overlooking main street real estate taxes are $ 1,500 originally two buildings, one built in 1915 & one in 1926, but combined years ago, and are masonry construction and brick veneer finish, with lots of charm owner has kept building in exceptionally nice condition, and it could easily be retrofitted to a myriad of uses downtown forest city is a very active community, and retains a small town western north carolina feel, attracting lots of shoppers and diners, as well as seasonal festivals and shows main street has 4 lanes, with plentiful parking, both on main st & streets to the rear, wide sidewalks, & offers incredible holiday decorations & displays business may be purchased at cost, with fixtures, equipment & inventory, currently at approximately $ 385,000 ace hardware is a national cooperative association, & new owner would need to be approved;benefits through the co-op include rebates & stock options fully staffed with manager & 3 employees ; could be operated on absentee basis, as manager will stay on with new owners call for income & expense info

Facilities: Incredible condition on this 16,800 sq ft vintage brick building housing the Ace Hardware store

Competition: Located at one end of the very busy and popular Main St in downtown Forest City

Growth/Expansion: Could add delivery, and also convert the vacant upstairs to apartment or office rentals

Support/Training: Negotiable

Reason Selling: moving out of state