3506 Springs Rd 5,544 SF Retail Building Hickory, NC 28601 £481,665 (£86.88/SF)
INVESTMENT HIGHLIGHTS
- Conveniently located with excellent regional access.
- 5,000 SF across two floors.
- HC (Highway Commercial) zoning supports diverse business operations.
- Ample onsite parking available.
- Spacious Lot
- Perfect for investors or owner-users seeking flexibility and growth.
EXECUTIVE SUMMARY
Located at 3506 Springs Rd in Hickory, NC, this versatile property offers an excellent opportunity for investment or owner-user purchase, priced at $675,000. Built in 1973, the building features two floors with 5,000 square feet of space available, making it suitable for a variety of uses under HC zoning. The property spans 1.78 acres, providing ample parking and convenient accessibility. Ready for occupancy within 30 days, it offers an ideal solution for businesses seeking a well-located and flexible space to operate or grow.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
£754
|
£0.14
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£754
|
£0.14
|
| Net Operating Income |
-
|
-
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,544 SF
Building Class
C
Year Built
1973
Price
£481,665
Price Per SF
£86.88
Tenancy
Single
Number of Floors
2
Building FAR
0.07
Lot Size
1.78 AC
Zoning
HC - Highway Commercial
Parking
41 Spaces (8.2 Spaces per 1,000 SF Leased)
Frontage
230 ft on Springs Road Northeast
AMENITIES
- Signage
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3724207180230000 | Improvements Assessment | £117,967 |
| Land Assessment | £99,951 | Total Assessment | £217,918 |
