5 Pensacola RD, Burnsville, NC 28714
5 Pensacola RD, Burnsville, NC 28714
5 Pensacola RD, Burnsville, NC 28714
5 Pensacola RD, Burnsville, NC 28714
5 Pensacola RD, Burnsville, NC 28714
5 Pensacola RD, Burnsville, NC 28714
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$ 1,950,000
Est. payment | /mo

4.37 Acres Lot


$ 1,950,000
Est. payment | /mo

4.37 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail Center

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4425579

Year Built 1947

Lot Size 4.370 Acres

Acres 4.37

Property Sub-Type Retail Center

Property Description

RARE 4.37-ACRE COMMERCIAL DEVELOPMENT SITE WITH PRIME HIGHWAY VISIBILITY IN BURNSVILLE. Positioned at a prominent East Burnsville intersection with frontage along US Hwy 19E Bypass, Pensacola Road and East Main Street, this C-2 zoned property presents a rare opportunity to acquire a substantial commercial site in a highly visible location near downtown Burnsville. With approximately 4.37 acres and multiple points of road frontage, the property offers a scale and location well suited for a variety of commercial concepts, redevelopment strategies or continued investment use. The property currently includes 7 existing structures, including a store building and brick home, which are leased month-to-month and collectively generate approximately $5,350 in monthly rental income. The existing improvements provide an opportunity for an investor to maintain interim rental income while evaluating the property's longer-term development potential. No value is assigned to the existing structures, and Seller makes no warranties regarding the condition or suitability of the improvements. C-2 commercial zoning provides for a variety of potential commercial uses, subject to applicable zoning requirements and approvals. Potential concepts may include retail, food service, office, hospitality, mixed-use commercial/residential development and other permitted uses. The property's combination of four-lane highway frontage, city street access, prominent visibility and proximity to downtown Burnsville creates an especially interesting opportunity for developers seeking a larger commercial footprint in the market.
City water and sewer are available, with natural gas, cable and fiber optic service also identified for the property. The acreage consists of Tract 1 (3.23 acres) and Tract 2 (1.14 acres), totaling approximately 4.37 acres per the attached survey. For investors, developers or businesses seeking a highly visible commercial site with meaningful acreage and existing interim rental income, opportunities of this size and location are rarely available in Burnsville.

Location

State NC

County Yancey

Zoning C-2

Rooms

Basement Other

Interior

Heating Other - See Remarks

Cooling Other - See Remarks

Flooring Other - See Remarks

Inclusions Building, Land

Appliance None

Exterior

Utilities Available Cable Available, Electricity Connected, Fiber Optics, Natural Gas

Waterfront Description None

View City, Mountain(s), Year Round

Roof Type Other - See Remarks

Street Surface Paved

Accessibility See Remarks

Porch Other - See Remarks

Building

Lot Description Corner Lot, Flood Plain/Bottom Land, Level, Creek/Stream, Other - See Remarks

Foundation Other - See Remarks

Sewer Public Sewer

Water City

Structure Type Other - See Remarks

New Construction false

Others

Senior Community false

Restrictions Other - See Remarks

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://youtu.be/ep3OTXBXttg?si=G9oH8MsbQKDCUNrW

Listed by Wanda Proffitt • Carolina Mountain Realty, Inc. • wanda@carolinamtnrealty.com

Nearby Locations

Janée Krauth

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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5 Pensacola RD