39 Winecoff Nw Avenue, Concord, NC 28025

$535,000

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Listing courtesy of DM Properties & Associates. cameron@dmaherproperties.com

List Price
$535,000
MLS#
4441321
Status
ACTIVE
Days on Market
0
Property Type
Commercial Sale
Distressed Property
Yes
Year Built
1969
Lot Size
19,166
Lot Size Area
0.44
County
Cabarrus
Special Conditions
Subject to Lease

Property Description

Established, income-producing investment opportunity with cash flow already in place! Located at 39 Winecoff Ave NW, this salon building features nine individual suites designed for independent business owners, with six currently leased to hair stylists, barbers, and other beauty and wellness professionals. The remaining suites offer an opportunity for additional rental income. Suite sizes vary (12x9, 12x10, and 12x12), with each offering plumbing access and windows, while the 12x10 suites also include closet space. Much of the heavy lifting has already been done, with improvements including fresh paint from ceilings to trim, new flooring throughout, replaced doors, a 2021 HVAC system, new gutters and downspouts, landscaping enhancements, and a security system. Situated on a corner lot with frontage on two roads, the property offers added visibility and easy access for tenants and their clientele. Conveniently located near shopping, dining, downtown Concord, and I-85, this property is well-positioned for continued rental appeal and future income potential. Schedule your showing today!

Additional Information

Floor Coverings
Vinyl
Foundation
Crawl Space
Heating
Heat Pump
Water
City
Sewer
Public Sewer
Exterior Construction
Brick Full
Roof
Architectural Shingle
Driveway
Paved
Lot Description
Corner Lot, Paved

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