Price Reduction
Address
1508 E Franklin Street, Monroe, NC
Price
$ 299,900
Property Attributes
  • ID#3919212
  • TypeCommercial
  • CountyUNION
  • CityMonroe
  • AreaUnion County
  • Zip28112
  • StyleUnimproved Commercial
  • Price$ 299,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.989 Acres
Data Source:
Canopy MLS
Property Description

50K Price improvement!! Take advantage of this excellent opportunity to acquire this prime lot - recently rezoned to mixed use - medical district. This lot sits across the street from the medical center for Atrium Union. With countless medical and business offices surrounding the area, this lot is ideal for a business in need of both a prime location and a large lot size. The topography is suited for development and the property is zoned MD-MX. Water and sewer are accessible to be confirmed by purchaser. With the desirable E Franklin St. address, this property is accessible of off McLarty St. There are multiple possibilities for egress and ingress to the property with approximately 270' of road frontage on McLarty, allowing for easier access. Less than 10 minutes from Wingate and the Hwy 74 by-pass toll road and just minutes from downtown Monroe city center.

Price History
10/31/2022 Listed $426,000
3/4/2023 7% - $399,900
8/2/2023 13% - $349,900
4/19/2024 15% - $299,900

General Features

Zoning MX
Property SubType Unimproved Commercial
County Union
New Construction No
Property Type Commercial Sale
HOA / Comm Assn No
Possible Use Commercial
City Monroe
Street Name Franklin
Builder Name n/a
Standard Status Active
CAR_HOASubjectTo None
Restrictions Use
Tax Assessed Value 39900
Virtual Tour elroddigital.gofullframe.com/bt/1508_E_Franklin_St.html

Interior Features

Street Suffix Street

Exterior Features

Inclusions Land
Lot Size Area 1.989
Lot Dimensions 207' x 405'
Other Parking Vacant,wooded lot with road frontage.
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
Road Frontage 207

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 28112

Price
AVG $720K
$300K
Visits
AVG 156
255
Data Provided by Inside Real Estate®
Walkscore
AVG 38
35
Data Provided by Walkscore® not using MLS data

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