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    112 Rinehardt Road

    Mooresville, NC 28115
    • $375,000
    • STATUS: Active Under Contract
    • ON SITE: 78 days
    • ID#: 3758943
    Under Contract
    $375,000
    • 0
      BEDS
    • 0.46
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1959
    County:
    Area:

    School Ratings & Info

    Offered by Lake Norman Realty, Inc.. Copyright 2021 Canopy MLS. All rights reserved.

    Description

    With 0.46 acres nestled off of the corner of Hwy 115 (Statesville Hwy) and Rinehardt Rd, this 3053 SF commercial property is an ideal opportunity for both experienced and new investors alike. In 2019, property was updated with new roof, new windows, new paint and new well storage building. New carport was placed in 2021. Property is currently on well and 2 bath septic, with city water and sewer available for tie in. Property boasts 2 bathrooms, onsite parking, bay door, waiting room, office, and substantial traffic flow. Hwy 115 has an AADT of 12,500, while Rinehardt Rd has an AADT of 1700, with expected growth. Highly desired new Mooresville Graded School District Middle School to be built on 70 acres off of Rinehardt Rd. Expected ground breaking August 2021, with an expected opening for the 2023-2024 school year. Property is currently tenant occupied, with a cap rate of approximately 7%. Do not disturb tenants or owner. Call agent for access.

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    Based on information submitted to the MLS GRID as of 2021-09-22T23:33:29.43 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Debra Kasey at Berkshire Hathaway Home Services Carolinas Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

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    112 Rinehardt Road Mooresville, NC 28115

    • Price: $375,000
    • Status: Active Under Contract
    • ID#: 3758943
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.46
    Acres
    1959
    Built
    County:
    Iredell
    Area:
    Mooresville
    Property Description
    With 0.46 acres nestled off of the corner of Hwy 115 (Statesville Hwy) and Rinehardt Rd, this 3053 SF commercial property is an ideal opportunity for both experienced and new investors alike. In 2019, property was updated with new roof, new windows, new paint and new well storage building. New carport was placed in 2021. Property is currently on well and 2 bath septic, with city water and sewer available for tie in. Property boasts 2 bathrooms, onsite parking, bay door, waiting room, office, and substantial traffic flow. Hwy 115 has an AADT of 12,500, while Rinehardt Rd has an AADT of 1700, with expected growth. Highly desired new Mooresville Graded School District Middle School to be built on 70 acres off of Rinehardt Rd. Expected ground breaking August 2021, with an expected opening for the 2023-2024 school year. Property is currently tenant occupied, with a cap rate of approximately 7%. Do not disturb tenants or owner. Call agent for access.
    Exterior Features

    Construction Materials Brick Construction Type Site Built Other Parking Asp. Paving. 11 Parking Spots Road Frontage Type Paved Road Road Responsibility Public Maintained Road Roof MetalWood Structure Type Business

    Interior Features

    Cooling None Flooring Concrete Heating None

    Property Features

    CCRSubject To Undiscovered Commercial Location Description Freestanding Construction Status Complete Hoa Subject To None Inclusions BuildingLand Inside City YN Yes Listing Agreement Exclusive Right To Sell Listing Terms CashConventional New Construction YN No Number Of Drive In Doors Total 1 Possible Use Commercial Property Sub Type Commercial Property Sub Type Secondary N/A Restrictions Other - See Media/RemarksN/A Restrictions Description Per Zoning Special Listing Conditions None Transaction Type For Sale Utilities Septic TankWell Zoning Description Hb



    Based on information submitted to the MLS GRID as of 2021-09-22T23:33:29.43 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Debra Kasey at Berkshire Hathaway Home Services Carolinas Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

    Digital Millennium Copyright Act
     
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    Debra Kasey at Berkshire Hathaway Home Services Carolinas Realty
    3420 Toringdon Way, Suite 200
    Charlotte NC, 28277
    Offered by Lake Norman Realty, Inc.. Copyright 2021 Canopy MLS. All rights reserved.