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437 East Main StreetSylva, NC 28779MLS Number CAR3659336

  • Price: $775,000The price has recently decreased
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.1% last updated on 2021-11-24

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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437 East Main Street Sylva NC 28779437 East Main Street Sylva NC 28779437 East Main Street Sylva NC 28779437 East Main Street Sylva NC 28779437 East Main Street Sylva NC 28779437 East Main Street Sylva NC 28779437 East Main Street Sylva NC 28779437 East Main Street Sylva NC 28779437 East Main Street Sylva NC 28779437 East Main Street Sylva NC 28779437 East Main Street Sylva NC 28779437 East Main Street Sylva NC 28779437 East Main Street Sylva NC 28779437 East Main Street Sylva NC 28779
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  • 4,000Square Feet
  • 0.86Acreage
  • 1989Year Built
  • ActiveMLS Status
Income producing plaza with 3 long term tenants. Steel 4000 square foot building with super viability on East Main street ( Highway 107) Tenants include a Dry Cleaner , Subway and a Beauty Salon..All are well established and busy. the building and the Large paved parking lot has been well maintained and large lighted signage on the main Highway. Great time for Investment into an Income producing property with 4.6 Cap Rate and the potential for much more. income and expenses with confidentiality agreement. Do not disturb tenants. Appointment only showings ..Located just one mile from the Historic district of Sylva and has 140 foot of road frontage on the main highway heading to Western Carolina University

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Basic Information

  • ForeclosureN
  • List Price$775,000
  • MLS NumberCAR3659336
  • MLS StatusActive
  • Property SubTypeCOMMERCIAL

Property

  • Acreage0.86
  • Parking Spaces

Exterior

  • Roof Flat

Other

  • View Count44

Tax Information

  • Taxes$743,000

Location

  • Building Number437
  • CountyJackson
  • Directions From Sylva take main street (Highway 107) toward WCU then left at 437 East main ( Cope Creek Plaza)
  • StateNC
  • StreetEast Main Street
  • Zip28779

Utilities

  • Cooling Central Air
  • Heating Central
  • Utilities Cable Available, City Sewer, City Water, Electricity Available, Telephone On-Site

Basic Information

Building

  • Elevation 2000
  • Foundation Details Slab, Slab
  • Square Feet4,000
  • Year Built1989

Interior

  • Flooring Concrete, Tile

Property Information

  • Construction Materials Metal
  • Gross Income $48,000
  • Gross Scheduled Income $48,000
  • Inclusions Building, Land
  • Net Operating Income $36,000
  • Operating Expense $13,000

Your Local Office

WNC Mountain Realty
23 Songbird Lane
Weaverville NC, 28787

Office: 828-231-3117

Broker Reciprocity © 2021 by the Canopy MLS. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of November 27, 2021 9:52 AM EST . 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.

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