515 S Norwood Street, Wallace, NC 28466 (MLS# 100416204)


$410,000
515 S Norwood Street
Wallace, NC 28466
MLS# 100416204
9420 sqft


515 S Norwood Street, Wallace, NC 28466
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515 S Norwood Street, Wallace, NC 28466 515 S Norwood Street, Wallace, NC 28466 515 S Norwood Street, Wallace, NC 28466 515 S Norwood Street, Wallace, NC 28466 515 S Norwood Street, Wallace, NC 28466 515 S Norwood Street, Wallace, NC 28466 515 S Norwood Street, Wallace, NC 28466 515 S Norwood Street, Wallace, NC 28466 515 S Norwood Street, Wallace, NC 28466 515 S Norwood Street, Wallace, NC 28466 515 S Norwood Street, Wallace, NC 28466 515 S Norwood Street, Wallace, NC 28466 515 S Norwood Street, Wallace, NC 28466

Property Description
Prime business location in Wallace, Investment Opportunity Awaiting You! Two units currently have signed leases with the seller. Only one vacant space left in this prime commercial building, 513 S Norwood St-features four private offices, and shares a restroom with 515 S Norwood St. Hallway at back of building is shared between the two spaces. 515 S Norwood St-previously operated as a hair & nail salon. With a lobby area to greet your clients, and petitioned areas for salon space. Presently leased by the seller. Guaranteed monthly income coming in! 517 S Norwood St-has been leased by the seller as of June 1st, 2024. This space has numerous classrooms, administrative offices,a kitchen area, restrooms, and a chain link fenced in area at the back of property. 4 separate HVAC units, Seller did replace one heat pump in the 517 S Norwood St portion of building.

Details
Maps
Contract Info
Status: Active
Effective Date: 2023-11-22
Delayed Marketing?: No
Delayed Marketing Date (DM): 2023-11-22
Garage: N/A
Listing Price: 410000
Current Price: $410,000
List Price/SqFt: 43.52
Sub Agent Comm $/%: %
Buyer Agent Comm: 3.5
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 515
Pre Direction: S
Street Name: Norwood
Street Suffix: Street
County: Duplin
State/Province: NC
Zip Code: 28466
City Limits: Yes
Marketing City: Wallace
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.73035
Geo Lon: -77.990673
Remarks and Showing
Directions to Property: From Wilmington-take Interstate 40 to exit 390 to Wallace. Turn left off of the exit ramp and travel Hwy 117 into Wallace. Building is 513,515,517 S Norwood St on the right side adjacent to used car lot.
Sign on Property: Yes
Building Info
New Construction: No
Building/Ext Features
Lot Acres: 1.28
Lot SqFt: 55757
Lot Dimensions: irregular
SqFt - Heated (Primary): 9420
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 243700
Deed Book: 1837
Deed Page: 782
Legal: 3 total tracts of land parcel Id# 094861/093438/091603
Broker Owner: No
PID: 330506382353
Tax Identifier: 093438
Plat Book: 3
Plat Page: 73
Special Assessments: none known to agent
Tax Year: 2023
Year Built: 1975
Zoning: Highway Busines
Cobra Zone: No
Road/Trans Access
Interstate: Less than 5 Miles
Current Service Providers
Electric Provider: Duke Energy
Water Provider: Town of Wallace
Property Features
Sub-Type: Office; Commercial; Professional Service
HOA and Neigh Amenities: No Amenities
Basement: None
C & I Features: Reception Area
Construction: Block; Concrete
Exterior Finish: Aluminum Siding; Block; Wood Siding
Flooring: Carpet; Tile
Sale/Lease Includes: Buildings; Land
Parking Features: Additional Parking; Parking Lot; Paved; Unpaved
Road Type/Frontage: Public (City/Cty/St)
Roof: Shingle
Current Use: Commercial; Office; Vacant
Location: Gen Bus District
Lot Water Features: None
Cooling: Heat Pump
Heating: Forced Air; Heat Pump
Heating System Fuel Source: Electric
Utilities: Municipal Sewer; Municipal Water
Terms: Cash; Conventional

Listing Office: Berkshire Hathaway HomeServices Carolina Premier Properties

Last Updated: May - 17 - 2024

515 S Norwood Street, Wallace, NC 28466 - MLS# 100416204
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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