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124 Kinston Highway $500,000

MLS#: 100402962
Address: 124 Kinston Highway
City / Zip: Richlands, NC 28574
Type: Residential


Lot Size




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Retail and Residential Mixed Use Building For Sale in Richlands, NC

Property is anchored by a NAPA Auto Parts store on the ground floor with second floor apartment

NAPA has 3 years remaining on their current lease with no scheduled renewals. Perfect opportunity to bring rent to market rate

Current second floor tenant is month-to-month

NOI is $39,444.30

Offering property at 7% CAP

Minimal expenses outside of tenant responsibilities

This listing is provided courtesy by David Branton, Eastern Carolinas Commercial Real Estate


Map may not be 100% accurate.


    Property Amenities

    • Flooring

      • Concrete
    • Cooling

      • Central Air
    • Heating

      • Electric
      • Heat Pump
    • Roof

      • Metal
    • Exterior Features

      • Block
      • Brick
      • Stone
    • Parking

      • Parking Lot
      • Asphalt
    • Waterview / Front

      • 2023-12-18T13:05:01.089

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