36 & 44 E Main Street, Brevard, NC 28712 - Photo 1

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$2,925,000

For Sale
Active
Commercial
2 Parking Spaces

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Property Description

An exceptional, stabilized investment portfolio opportunity centrally located in the heart of downtown Brevard. This fully occupied portfolio sale is a rare chance to confidently invest in the core of Brevard's vibrant city center, and take part in its incredible long-term community growth. The offering consists of two buildings, with 5 long standing stabilized tenants in place, all with main street signage and frontage. Both buildings were renovated and modernized in 2014 for optimal space allocation, aesthetics, improved energy efficiency, and life safety. The diverse group of tenant uses that occupy these properties benefit from high visibility, easy access, and tremendous foot traffic at this location. This investment has been remarkably well managed and cared for over the years, which can be seen in every aspect of both buildings. Don't miss this rare downtown opportunity.

Full Property Details

Full Property Details for 36 & 44 E Main St

General

Price: $2,925,000
Status: Active
Type: Commercial
Source: Charlotte_Regional_Realtor_Association
MLS ID: 4053486
Updated: 7/25/2023
Added to Site: 698 day(s) ago

Interior

Flooring: Concrete, Tile, Wood

Additional Information

Equipment: Other - See Remarks

Parking

Parking Features: Assigned

Location

County: Transylvania
Complex: ID #8586-50-3732-000
Driving Directions: Follow google maps. On street metered parking available.
City Limits: Yes

Heating & Cooling

Cooling Type: Central Air, Ductless, Heat Pump, Separate Meters, Zoned
Heating Type: Ductless, Forced Air, Natural Gas, Separate Meters, Zoned

Utilities

Sewer: Public Sewer
Water: City
Utility Description: Cable Available, Electricity Connected, Gas, Underground Utilities

Structural Information

Construction Status: Completed
Construction: Site Built
Exterior Const.: Brick Partial, Glass, Stone, Wood
Basement Desc.: Walk-Out Access
Roof: Shingle, Flat
Minimum Avail: 22,683 Sq. Ft.
Year Built: 1920

Financial Considerations

Terms: Cash, Conventional, Exchange

Disclosures and Reports

Special Conditions: Subject to Lease
Restrictions: Architectural Review
Inclusions: Building, Land
Property ID: 8586-50-3706-000 & below
Lot Number: 695/270 & 332/477

Listed by NAI Allen Tate Beverly-Hanks Commercial

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Schools

Schools serving 36 & 44 E Main St

School District:Transylvania County Schools

Name	Grades	Distance
Brevard Elementary School 399 Greenville Hwy, Brevard, NC 28712	PK-5	0.8 mi
Pisgah Forest Elementary School 1076 Ecusta Rd, Brevard, NC 28712	K-5	2.3 mi
Rosman Elementary School 167 Rosman School Rd, Rosman, NC 28772	PK-5	8.1 mi
Brevard Middle School 400 Fisher Rd, Brevard, NC 28712	6-8	0.9 mi
Rosman Middle School 2770 Old Rosman Hwy, Rosman, NC 28772	6-8	7.9 mi
Rugby Middle School 3345 Haywood Rd, Hendersonvlle, NC 28791	6-8	15.1 mi
Brevard High School 609 N Country Club Rd, Brevard, NC 28712	9-12	1.1 mi
Davidson River School 970 Ecusta Rd, Brevard, NC 28712	9-12	2.4 mi
Rosman High School 749 Pickens Hwy, Rosman, NC 28772	9-12	7.9 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 36 & 44 E Main St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/25/2023

Listed

$2,925,000

224.96%

MLS

2/27/2014

Sold

$900,100

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 36 & 44 E Main St

Year

Property Taxes

Change

Tax Assessment

Change

2023

$6,995

—

$1,159,430

—

2021

$6,995

—

$1,159,430

—

2022

$6,995

—

$1,159,430

-7%

2021

$6,995

-12%

$1,247,590

—

2019

$7,935

-49%

$1,247,590

—

2018

$15,545

$1,247,590

—

2017

$15,358

$1,247,590

—

2016

$14,302

59%

$1,247,590

59%

2015

$9,003

13%

$784,650

11%

2014

$7,989

$708,640

—

2013

$7,897

—

$708,640

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 36 & 44 E Main St

36 & 44 E Main Street, Brevard, NC 28712 (MLS# 4053486) is a Commercial property. 36 & 44 E Main Street is currently listed for $2,925,000 and was received on July 25, 2023. Want to learn more about 36 & 44 E Main Street? Do you have questions about finding other Commercial real estate for sale in Brevard? You can browse all Brevard real estate or contact a Coldwell Banker agent to request more information.

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36 & 44 E Main St Brevard, NC 28712