10230 Newell Hickory Grove Rd

Charlotte, NC (Mecklenburg County)

10230 Newell Hickory Grove Rd
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Asking Price: $199,000

Cash Flow: N/A

Gross Revenue: $14,640



Inventory: N/A

Real Estate: $154,100*

Established: 1976

*not included in asking price.

10230 Newell Hickory Grove Rd

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Business Description

This parcel is ideal for storage or a small auto shop. Needs some updates and is sold as is. It is visible from Old Concord Rd. The parcel right beside this is also for sale. This parcel is currently zoned as single family but could/should be zoned commercial. This listing includes 2 Parcels (10501206). House rent $6,000/yr - taxes ($846)= $5,154/yr. Building rent $8,640 - taxes/ins ($1,969)=$7,894/yr. Total profit on both $11,825/yr. Monitoring wells on the property should be inspected. Bldg is 2400 sq ft. House is 1440 sq ft

Detailed Information

Real Estate:
Not included in asking price
Building SF:
This warehouse is accessible from Newell-Hickory Grove Rd. enter from end of road onto gravel road. Property at end on the right. Visible from Old Concord Rd and on the other side of the Railroad tracks. No access from Old Concord Rd. The gravel rd is on the RR right of way. it is permisable to drive on, you just can not block.
Business Website:
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(from currently available funds)
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Tonya Kerr

Business Listed By:

Business Brokers Of The Carolinas, LLC

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