Description
This Prime 2.63-acre commercial parcel in Newton, NC, boasts an enviable location at the intersection of East 20th St & NC Hwy 16 By-pass, with a staggering daily traffic count of 25,000+ vehicles per day, per Co Star. Hard Signaled intersection. Situated in the Charlotte, Metro. Statistical Area, ranked 22nd in the USA, it offers a dense demographic of over 20,000 residents within a 3-mile radius and workforce of 18,000+in the same vicinity. Projected population & household growth +2.88% from '22 to '27 within 1-mile radius further enhances its investment potential. City approved for a 6000 SF convenience store/QSR with 10 gas/fuel pumps. Water, Gas and Sewers are at the property. The adjacent 3 acre retail parcel is available for separate purchase. Seller financing offered. Seller will subdivide the 5.63 acre parcel prior to closing. Agent has interest in the property.
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| Details | |
|---|---|
| MLS#: | 4067946 |
| Price: | $550,000 |
| Square Footage: | |
| Acreage: | 2.63 |
| Waterfront/water view: | No |
| Schools | |
|---|---|
| Elementary School: | Newton Conover |
| Middle School: | North Newton |
| High School: | Newton Conover |
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