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$900,000
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Property Description
20 UNIT Maggie Town Center with shops inside the mall and out front. Located approx 30 minutes to Asheville and 15 to Harrahs casino. This property has been COMPLETELY renovated with NEW roofs, flooring, paint, electrical, plumbing, 141 sheets of new drywall, new $20K restaurant hood system and much much more. Property is turn key in triple mint condition. Rented with such tenants as a florist, restaurant, boutique, vintage shop, hair salon, candy shop, gym, and much more. A great variety of tenants. This is priced to give Buyer just over a 14.6% return! Owner will consider financing with approx 50% down payment. This is a very desirable property surrounded by hotels. This is only the second time it has come available in more than 10 years so move quickly. Priced approx $300K under market based on comps so this is a great buy and wont last long.
Full Property Details
Full Property Details for 2487 Soco Rd
General
- Sold For: $900,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4068591
- Added to Site: 936 day(s) ago
Parking
- Parking Features: Parking Lot
Location
- County: Haywood
- City Limits: Yes
Structural Information
- Exterior Const.: Stone
- Roof: Aluminum
- Min Required: 15,126 Sq. Ft.
- Minimum Avail: 15,126 Sq. Ft.
- Year Built: 1961
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 3000
- Lot Features: Paved, Views
- Fencing (Description): Wood
Financial Considerations
- Operating Expenses: $11,232
- Terms: Cash, Conventional, Owner Financing, Other - See Remarks
Disclosures and Reports
- Restrictions: No Representation
- Inclusions: Building, Land
- Property ID: 7686-96-0137
- Lot Number: 1090-7
Listed and Sold by Action Creek Business and Realty Services
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Schools
Schools serving 2487 Soco Rd
School District:Haywood County Schools
| Name | Grades | Distance |
|---|---|---|
Jonathan Valley Elementary 410 Hall Drive, Waynesville, NC 28785 | PK-5 | 2.6 mi |
Waynesville Middle 495 Brown Avenue, Waynesville, NC 28786 | 6-8 | 4.4 mi |
Tuscola High 564 Tuscola School Road, Waynesville, NC 28786 | 9-12 | 6.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2487 Soco Rd
Date
Details
Price
Change
Source
1/05/2024
Sold
$900,000
0.11%
MLS
9/28/2023
Price Reduced
$899,000
-7.79%
MLS
9/11/2023
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2487-2511 Soco Road, Maggie Valley, NC 28751 (MLS# 4068591) is a Commercial property that was sold at $900,000 on January 05, 2024. Want to learn more about 2487-2511 Soco Road? Do you have questions about finding other Commercial real estate for sale in Maggie Valley? You can browse all Maggie Valley real estate or contact a Coldwell Banker agent to request more information.

