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Key Details
Sold Price $325,000
Property Type Commercial
Sub Type Building/Land
Listing Status Sold
Purchase Type For Sale
Subdivision Otherseeremarks
MLS Listing ID 246598
Sold Date 05/09/24
HOA Fees $37/ann
HOA Y/N Yes
Year Built 1940
Annual Tax Amount $1,879
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Downtown Blowing Rock Real Estate! Central High-Visibility Location ~ Two Suites, side-by-side, Vacant & Move-in Ready, or begin Immediate Renovation!
~ Zoned Commercial/Residential, EXEMPT FROM STR MINIMUM-NIGHT RESTRICTIONS!
~ in Shoppes of Watership Down; 8-unit downtown mixed-use complex w/ shared paved parking. Other units current uses: Office/Retail/Professional Services/Vacation Rental Condos.
~ NEW ROOF (2023), NEW STORM WATER DRAIN & PUMP (2023), Newer Windows, Newer Interior Paint, Updated Electrical!
~ UNIT 5: 545sf plus 66sf storage room (access from exterior front, or via interior threshold that's currently drywalled off, but easy to reopen), 1 half bathroom (could expand to full bath, as was originally), open floorplan w/ dedicated room (office? potential bedroom?) on right side. Interior access to storage room is through this room on right. Mini Split heat & air conditioning, two front entry doors; approximately 1000sf of additional land behind #5 - room to expand building? outdoor living space? unshared dedicated parking?
***right rear corner of slab seems to be slightly lower due to settling +or- 20 years ago; per Sellers, hasn't changed in over 17 years, once storm water runoff issue was mitigated.
~ UNIT 6: 545sf, full bathroom (tub boarded-over to add storage, easy to reopen tub/shower), baseboard heat, central pass-thru btwn 2 large rooms-ideal kitchen? file room? front entry door on each side.
~ Both Units have covered front courtyards; the area btwn front courtyards and paved parking is “limited common space” which gives each unit control over the limited common space in front of their unit.
~ 12 parking spaces in shared paved parking lot; 5 other entities (+ this property) share the common parking.
~ $225 annual POA dues per Unit ($450 total for the 2 Units).
~ Zoning allows STR, current permit is Retail/Office, new owner would need to re-permit w/ Town of BR to change to STR.
Location
State NC
County Watauga
Community Long Term Rental Allowed
Area 4-Bluerdg, Blowrck Yadvall-Pattsn-Globe-Caldwll)
Interior
Heating Baseboard, Ductless, Electric
Cooling Electric, Other, See Remarks, 1 Unit
Fireplace No
Exterior
Exterior Feature Fence, Other, Storage, See Remarks
Parking Features Other, Paved, Parking Lot, Parking Space(s), See Remarks
Fence Partial
Community Features Long Term Rental Allowed
Utilities Available Cable Available, High Speed Internet Available
Water Access Desc Public
Roof Type Asphalt,Shingle
Building
Lot Description Split Possible
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Blowing Rock
High Schools Watauga
Others
Tax ID 2807-97-3504-000
Acceptable Financing Cash, Conventional, New Loan
Listing Terms Cash, Conventional, New Loan
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Bought with Reule Real Estate LLC