110 W Virginia Ave | Bessemer City, NC 28016
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110 W Virginia Ave
Bessemer City, NC 28016
Historic Event & Office Space Opportunity · Retail Property For Sale
Investment Highlights
- Historic building with unique charm and character
- Adjacent to Centennial Park, a key community event space
- Located in Bessemer City's Downtown Business District
- Ideal for event space or street-front office use
- Across from Osage Mill Lofts, a historic mill-to-loft conversion
- $300,000 sale price, an affordable investment in a growing market
Executive Summary
110 West Virginia Avenue offers a unique opportunity to own a piece of historic Bessemer City with endless potential for event space or a prominent street-front office. Nestled near Centennial Park, the property benefits from proximity to a vibrant community hub that attracts local residents and tourists alike. Originally established as part of Bessemer City’s 100-year celebration, Centennial Park was expanded in 2015 to include a band shelter, public art, and green spaces, making it a popular location for events and gatherings.
This property also sits across from the Lofts at Osage Mill, a historical site transformed into modern loft apartments, drawing new residents and increasing foot traffic in the area. The nearby Stinger Park enhances the community with recreational and cultural attractions, contributing to the city's economic growth and community development. As Bessemer City continues to expand, this building offers valuable potential to become a staple in its growing Central Business District. With a sale price of $300,000, this is an exceptional investment opportunity in an area experiencing increased demand and revitalization.
Demographics in the area include a steadily growing population and an average household income of $65,548 within one mile, making it an attractive market for office space or an event venue.
This property also sits across from the Lofts at Osage Mill, a historical site transformed into modern loft apartments, drawing new residents and increasing foot traffic in the area. The nearby Stinger Park enhances the community with recreational and cultural attractions, contributing to the city's economic growth and community development. As Bessemer City continues to expand, this building offers valuable potential to become a staple in its growing Central Business District. With a sale price of $300,000, this is an exceptional investment opportunity in an area experiencing increased demand and revitalization.
Demographics in the area include a steadily growing population and an average household income of $65,548 within one mile, making it an attractive market for office space or an event venue.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,795 SF
Building Class
C
Year Built
1900
Price
£234,990
Price Per SF
£49
Percent Leased
Vacant
Number of Floors
1
Building FAR
0.92
Lot Size
0.12 AC
Zoning
OFF02 - Zoning compatible with office, retail, and event space use in Bessemer City’s Central Business District.
Frontage
51 ft on W Virginia Ave
PROPERTY TAXES
| Parcel Number | 120803 | Improvements Assessment | £104,672 |
| Land Assessment | £13,645 | Total Assessment | £118,317 |
PROPERTY TAXES
Parcel Number
120803
Land Assessment
£13,645
Improvements Assessment
£104,672
Total Assessment
£118,317
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