About 665 King Street
This premier assemblage of three tax parcels totaling 3.267 +- acres is located at one of the most prominent commercial corners in Boone. The large site is the former home of Modern Toyota which has moved to a new location. This outstanding, highly visible property has major highway frontage, and is in the middle of a thriving commercial area of Boone with the largest strip shopping center in the High Country across the street. The area includes restaurants, hotels, convenience stores, schools, large residential neighborhoods, a movie theater, a bank, a drug store, and a supermarket among other commercial uses. This ideal site is only 0.6 miles from Appalachian State University. The well located property is generally level, and is very usable. The acreage is an estimate only based on a survey completed in 2008 prior to the widening of East King Street. A new updated survey should be performed during the buyer's due diligence period. There is a separately owned 0.604+- acre tract that is available for sale or lease and would increase the development potential to 3.871+- ac. This is an extraordinary redevelopment opportunity! Price has been recently reduced based on 5/5/15 appraisal.
