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    400 Magnolia Square Court

    Aberdeen, NC 28315
    • $245,000
    • STATUS: Active
    • ON SITE: 113 days
    • MLS #: 199236
    UPDATED: 69 min ago
    $245,000
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:

    School Ratings & Info

    Description

    9.00%+ Cap Rate, great investment property. Centrally located in the Magnolia Square Business Park in the Aberdeen NC area with easy access to Pinehurst and Southern Pines. Multiple offices with private bathrooms. 6 office unit. Unit is located in business park with neighboring offices of medical and chiropractic practices, attorney(s), CPAs, financial planners and health and beauty businesses. Magnolia Square Park is adjacent to proposed 7 acre mixed use shopping center which calls for retail and restaurant spaces. Long term lease in place with 3 years+ remaining. Association dues are approximately $1600 per year with assessments for any special projects approved by association.

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    © 2020 Mid Carolina Regional MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pinnock Real Estate & Relocation.
    www.searchmoorecountyhomes.com/homes/104029839
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    400 Magnolia Square Court Aberdeen, NC 28315

    • Price: $245,000
    • Status: Active
    • Updated: 69 min ago
    • MLS #: 199236
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    2005
    Built
    Neighborhood:
    Aberdeen (Area 1A)
    County:
    Moore
    Area:
    Aberdeen (Area 1A)
    Property Description
    9.00%+ Cap Rate, great investment property. Centrally located in the Magnolia Square Business Park in the Aberdeen NC area with easy access to Pinehurst and Southern Pines. Multiple offices with private bathrooms. 6 office unit. Unit is located in business park with neighboring offices of medical and chiropractic practices, attorney(s), CPAs, financial planners and health and beauty businesses. Magnolia Square Park is adjacent to proposed 7 acre mixed use shopping center which calls for retail and restaurant spaces. Long term lease in place with 3 years+ remaining. Association dues are approximately $1600 per year with assessments for any special projects approved by association.
    Exterior Features

    Exterior Vinyl Exterior Features Insulated WindowsIrrigation System Foundation Slab Road Description Paved Parking Lot Roof Metal

    Interior Features

    Heating And Cooling Central AirCentral Heat Interior Features Conference Center/RoomKitchen FacilitiesPrivate RestroomsSecurity System Office Sq Ft 1386.00

    Property Features

    Building Use Commercial/Condo City Tax Amount 1116.29 Commercial Type Commercial County Tax Amount 1074.16 Current Tenant Lease Terms Annually Docs On File Covenants/RestrictionsFloor Plan Foreclosure No Fractional Ownership No Lot Number 15 New Construction No Possession At Closing Recording County Moore Sewer Public Tax City Aberdeen Tax County Moore Terms Offered Cash Under Construction No Water Public Zoning Hc

    Listing provided courtesy of Coldwell Banker Advantage-Southern Pines.
    © 2020 Mid Carolina Regional MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pinnock Real Estate & Relocation.
     
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    Pinnock Real Estate & Relocation
    115 E. Pennsylvania Ave
    Southern Pines NC, 28387