$845,000
$895,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
2,178 Sqft Lot
SOLD DATE : 10/08/2020
Key Details
Sold Price $845,000
Property Type Commercial
Sub Type Building/Land
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 223812
Sold Date 10/08/20
HOA Y/N No
Year Built 1924
Annual Tax Amount $3,875
Lot Size 2,178 Sqft
Acres 0.05
Property Description
LOCATION-LOCATION-LOCATION! Great time to own a piece of Blowing Rock History. PRIME COMMERCIAL BUILDING IN DOWNTOWN BLOWING ROCK, NORTH CAROLINA. PRICED TO SELL AT $895,000! Two retail spaces on the street level and three apartments on the upper level. Main Street Art Gallery occupies one retail space. The other one is vacant . With everything happening in the downtown area, this is a wonderful investment property. Lots of potential for both retail & long term rental units. Lots of improvements. Upper floor apartments have exterior door and deck. The R.S. Reinhardt Building, which was actually built by Lynn Lawrence’s grandfather, Everett Greeley Pitts was built for a Lenoir businessman, Mr. Reinhardt. The significance of this building is that it was Blowing Rock’s first post office. It was originally a one-story building, built in 1924. It remained the post office until 1944. It was about that time they added a second floor, which provided 10 lodging rooms for the Parkway Hotel. The lodging rooms were upstairs, while the hotel dining room & coffee shop were downstairs, on the first floor. A USGS marker that identifies the official elevation of Blowing Rock as around 3400 feet.
Location
State NC
County Watauga
Area 4-Bluerdg, Blowrck Yadvall-Pattsn-Globe-Caldwll)
Interior
Heating Ductless, Electric, Heat Pump
Cooling 2 Units
Fireplace No
Exterior
Garage None, Other, See Remarks
Water Access Desc Public
Roof Type Other,See Remarks
Parking Type None, Other, See Remarks
Building
Sewer Public Sewer
Water Public
Additional Building Living Quarters
Schools
Elementary Schools Blowing Rock
High Schools Watauga
Others
Tax ID 2807981574000
Acceptable Financing Cash, New Loan
Listing Terms Cash, New Loan
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Bought with Jenkins Realtors