565 George Wilson Road, Boone, NC

$750,000

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1.90

Acres

About 565 George Wilson Road

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!

Features of 565 George Wilson Road

MLS® # 250020
Price $750,000
Bathrooms 0.00
Acres 1.90
Year Built 1985
Type Commercial Sale
Sub-Type Building/Land
Status Active

Community Information

Address 565 George Wilson Road
Area 1-Boone, Brushy Fork, New River
Subdivision None
City Boone
County Watauga
Province NC
Postal Code 28607

Amenities

Utilities Cable Available, High Speed Internet Available
Parking Paved, Parking Lot, Parking Space(s)
Garages Paved, Parking Lot, Parking Space(s)
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Electric, Hot Water
Cooling Wall/Window Unit(s)
Fireplace No
# of Stories 2
Stories 2
Has Basement No

Exterior

Exterior Vinyl Siding, Wood Frame
Exterior Features Other, See Remarks
Roof Asphalt, Shingle
Construction Vinyl Siding, Wood Frame

School Information

Elementary Hardin Park
High Watauga

Additional Information

Date Listed June 5th, 2024
Short Sale No
RE / Bank Owned No

Listing Details

OfficeA PLUS Realty
Contact Info828-297-1000

Listing Map

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