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2400 & 2414 Memorial Highway, Lake Lure, NC 28746
$395,000 Sale Pending
2400 & 2414 Memorial Highway, Lake Lure, NC 28746View this property at 2400 & 2414 Memorial Highway, Lake Lure, NC 28746
2400 & 2414 Memorial HighwayLake LureNC28746
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Property Description
Motivated Seller! Incredible commercial cash flow opportunity. 1 minute east of picturesque Lake Lure Beach. Almost 150 feet of highway frontage guarantees visibility. Two spacious, metal roofed, buildings connected by covered breezeway. 15-18 parking spaces. Enter an impressive wood-paneled and wood floor space with lofted ceiling, two levels of windows and a historic artisan chandelier featuring a cut-glass map of Lake Lure. Wide hall with track lighting opens to a sizable room with windows on every wall. Rich showroom with gabled ceiling has spectacular pine wood flooring. Covered porch walkway runs full length of both buildings. Second building features a large retail space with exposed beams. Zoned CG- property has been used as a strip center and office with most recent use being the famous Right Track Toy Train Museum. Potentially six retail/office spaces with three bathrooms and ample storage could generate a great income stream.
Full Property Details
Full Property Details for 2400 & 2414 Memorial Hwy
General
- Price: $395,000
- Status: Pending
- Type: Commercial
- MLS ID: 4082981
- Updated: 4/24/2024
- Added to Site: 180 day(s) ago
Interior
- Appliances: None
- Flooring: Carpet, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
Parking
- Parking Features: Parking Space(s)
Location
- County: Rutherford
- Driving Directions: From Chimney Rock, past Lake Lure beach .7 miles, building immediately on left. GPS will get you there.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Heat Pump, Other - See Remarks
- Heating Type: Heat Pump, Other - See Remarks
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected, Phone Connected, Propane
Structural Information
- # Buildings: 2
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Wood
- Basement Desc.: Other
- Roof: Metal
- Minimum Avail: 3,098 Sq. Ft.
- Year Built: 1976
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 1000
- Lot Features: Level, Paved, Steep Slope, Wooded
- Rcmdd Zoning: CG
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Use
- Inclusions: Building, Land
- Property ID: 0642-17-3603
- Lot Number: 1006/453-454
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Schools
Schools serving 2400 & 2414 Memorial Hwy
School District:Rutherford County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1204 Painters Gap Rd, Rutherfordton, NC 28139 | PK-5 | 12.2 mi | |
545 Charlotte Rd, Rutherfordton, NC 28139 | 6-8 | 16.1 mi | |
641 Us 221 Hwy N, Rutherfordton, NC 28139 | 9-12 | 14.3 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 2400 & 2414 Memorial Hwy
Date
Details
Price
Change
Source
3/18/2024
Price Reduced
$395,000
-1.25%
MLS
11/03/2023
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2400 & 2414 Memorial Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2021
$643
—
$58,000
2%
2022
$643
—
$57,000
—
2021
$643
18%
$57,000
—
2019
$545
-9%
$57,000
-8%
2018
$601
10%
$62,100
—
2017
$548
—
$62,100
—
2015
$548
100%
$62,100
—
2013
—
$62,100
—
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 2400 & 2414 Memorial Hwy
2400 & 2414 Memorial Highway, Lake Lure, NC 28746 (MLS# 4082981) is a Commercial property. 2400 & 2414 Memorial Highway is currently listed for $395,000 and was received on November 03, 2023. Want to learn more about 2400 & 2414 Memorial Highway? Do you have questions about finding other Commercial real estate for sale in Lake Lure? You can browse all Lake Lure real estate or contact a Coldwell Banker agent to request more information.