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2050 Connelly Springs RoadLenoir, NC 28645Price: $299,900

  • Price: $299,900
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Federal 30-year interest rate: 3.1% last updated on Nov 24, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
CAR3716113
  • $299,900List Price
  • 4Bathrooms
  • 4,584Square Feet
  • 2Acreage

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This huge corner lot has road frontage on Connelly Springs Rd and Union Grove RD with a total of 2 acres. Connelly Springs Rd- 15,000 +/- cars daily, and Union Grove Rd is approx.- 5,400 +/- cars daily. A commercial property with many different potentials. The corner lot has road frontage on Connelly Springs Rd and Union Grove RD with a total of 2 acres. This lot has one 2br 1 bath house, two commercial buildings with parking lots. Three tenants are in place on a month-to-month basis. The commercial building can accommodate multiple tenants. The property will make a great investment to improve and increase your multiple opportunities for income. This lot will also make a great new development for potential investors. Based on past and current rent charged, you could earn $30,000 a year in rent revenue if all unit is rented as-is. In the past variety of businesses have leased the spaces for retail shops, specialty stores, offices, and etc. Possibilities are endless at this intersection.

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Listed by Greg Shuffler of Fonta Flora Realty

Broker Reciprocity © 2021 by the Canopy MLS. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of December 1, 2021 7:52 AM EST . 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.

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