Food & Beverage Space | 112 W Virginia Ave | 112 W Virginia Ave
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Food & Beverage Space | 112 W Virginia Ave 112 W Virginia Ave
5,900 SF Vacant Retail Building Bessemer City, NC 28016 £236,700 (£40/SF)
Investment Highlights
- Prime location in Bessemer City's Central Business District
- Ideal for food, beverage, or café businesses
- Near Stinger Park, adding to tourism and community appeal
- Adjacent to Centennial Park, a central hub for concerts and events
- Across from Osage Mill Lofts, a high-demand residential landmark
- $300,000 sale price, a valuable investment in a growing area
Executive Summary
This prime property at 112 West Virginia Avenue in Bessemer City is a unique opportunity for a restaurant, café, or beverage business looking to establish a presence in a highly sought-after location. Adjacent to Centennial Park, a central venue for concerts, community events, and outdoor entertainment, this property benefits from high foot traffic and visibility. Originally established in 1993 and enhanced in 2015 with a band shelter, green space, and public art, Centennial Park has become a popular community gathering place.
Located in Bessemer City's Central Business District, the property is also directly across from the Lofts at Osage Mill—a historic mill transformed into modern apartments, drawing new residents and visitors to the area. Stinger Park, another nearby attraction, adds to the community appeal, fostering economic growth and cultural development with recreational spaces and activities that cater to locals and tourists alike.
The Bessemer City area is thriving, with steady population growth, and a median household income around $53,000 within a mile radius, making it an attractive target market. This area is ideal for businesses seeking to connect with a diverse customer base in a lively urban setting.
Located in Bessemer City's Central Business District, the property is also directly across from the Lofts at Osage Mill—a historic mill transformed into modern apartments, drawing new residents and visitors to the area. Stinger Park, another nearby attraction, adds to the community appeal, fostering economic growth and cultural development with recreational spaces and activities that cater to locals and tourists alike.
The Bessemer City area is thriving, with steady population growth, and a median household income around $53,000 within a mile radius, making it an attractive target market. This area is ideal for businesses seeking to connect with a diverse customer base in a lively urban setting.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
5,900 SF
Building Class
C
Year Built
1927
Price
£236,700
Price Per SF
£40
Percent Leased
Vacant
Number of Floors
2
Building FAR
1.71
Land Acres
0.08 AC
Zoning
C - Zoned for food, beverage, and retail in Bessemer City's Central Business District, supporting growth as a community and tourist hub.
Frontage
27 ft on West Virginia Avenue
PROPERTY TAXES
| Parcel Number | 120802 | Improvements Assessment | £75,880 |
| Land Assessment | £13,762 | Total Assessment | £89,642 |
PROPERTY TAXES
Parcel Number
120802
Land Assessment
£13,762
Improvements Assessment
£75,880
Total Assessment
£89,642
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Sam Kline -
MECA Commercial Real Estate
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Food & Beverage Space | 112 W Virginia Ave | 112 W Virginia Ave
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