565 George Wilson Road, Boone, NC 28607 (MLS # 250020)

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PRICE$690,000 dsIDX morgage calculator
SIZE 6,550 sqft
LOT SIZE 1.90 ac

Commercial building offering over 6300sq.ft. on 1.90 acres with approximately 170 feet of state maintained paved road frontage with easy access to Hwy 421 and Hwy 105. Current lease in place until 2029 so this property is ideal for investors looking for absentee ownership opportunities with an estimated cap rate of around 8%. Property has been used successfully for many years as a daycare/pre-school with 8 classrooms on the main level along with a full kitchen, office, bathroom, storage and utility room. Most classrooms offer a combination of sink and/or toilet in the classroom. Second level of building offers over 1900sqft. currently divided into 2 separate suites. Suite 1 is set up as a 2BR/1BA unit with full kitchen and living area and Suite 2 is currently being used as storage but could be converted into a similar 2BR/1BA unit. Adequate paved parking is available around building. Located less than 3 miles from AppState and downtown Boone!

DAYS ON MARKET 147 LAST UPDATED 8/8/2024
TRACT None YEAR BUILT 1985
COMMUNITY 1-Boone, Brushy Fork, New River COUNTY Watauga
STATUS Active PROPERTY TYPE(S) Commercial

SCHOOLS
Elementary SchoolHardin Park
High SchoolWatauga

PRICE HISTORY
Prior to Aug 8, '24 $750,000
Aug 8, '24 - Today$690,000


ADDITIONAL DETAILS
AIRWall/Window Unit(s)
AIR CONDITIONINGYes
AREA1-Boone, Brushy Fork, New River
CONSTRUCTIONVinyl Siding, Wood Siding
EXTERIOROther
HEATBaseboard, Electric, Hot Water
LOT1.9 acre(s)
PARKINGPaved, Parking Lot
SEWERPrivate Sewer
STORIES2
SUBDIVISIONNone
TAXES4295
UTILITIESCable Available
WATERPublic
ZONINGBusiness/Comm
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Jason Eldreth, A PLUS Realty, 828-297-1000

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