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16 2nd StreetHickory, NC 28601Price: $1,950,000

  • Price: $1,950,000
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* 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.
CAR3903290
  • $1,950,000List Price
  • 25,510Square Feet
  • 0.32Acreage

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You could own 25,510 sq/ft of PRIME downtown hickory!! Split into two levels with about 13,000 sq/ft per level there are many rental options for the right investor. 9 plus rental spaces available at the main street level with newly installed dividers with separate entrances allow for very flexible lease options. Updates include a new TPO roof installed in 2017 including 50 ton Air Conditioning units installed in 2020. With a conservative downtown retail market rent of $10 per sq that's a potential income of $25,510 per month with many places renting high as $25 psf!! Don't miss out on your chance to purchase one of the largest retail/restaurant spaces available in downtown Hickory! Will also consider leasing spaces with approval of potential buyer. Call the listing agent today!

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Listed by Caleb Rice of C. Rice and Associates LLC

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