4188 State Hwy 80 S S Highway, Burnsville, NC 28714

$699,999
13
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$699,999
Status
ACTIVE
MLS#
4360186
Bathrooms
13
Parcel Size
0.921
Year Built
2001
Days on Market
143

Property Description

Exceptional Investment Opportunity: Multi-Use Suite Complex in Celo Community, Yancey County Welcome to a rare chance to own a thriving commercial property in the heart of Yancey County! Nestled in the picturesque Celo Community, this remarkable multi-use suite complex boasts 22 fully leased units, ensuring immediate cash flow and a waiting list of eager tenants vying for space. Whether you're an experienced investor or looking to diversify your portfolio, this property promises to deliver significant returns and long-term stability. Key Features: Prime Location: Just a stone's throw from Burnsville, this complex offers easy accessibility to major roads, drawing in local clientele and businesses. The serene surroundings of the Celo Community complement its commercial potential, making it a desirable place for businesses and tenants alike. Expansive Complex: Spanning a generous 11,260 sq. ft., this property is comprised of two well-maintained buildings. With 9,055 sq. ft. of heated units, your tenants will be comfortable year-round while the unheated storage unit adds additional income potential for those looking for extra space. Fully Occupied with Growth Potential: All units are currently rented, generating reliable income from day one. The waiting list of prospective tenants indicates a strong demand for commercial space in the area, suggesting future growth and increased rental rates. Diverse Business Opportunities: The versatile design of the multi-use suites allows for a variety of businesses to flourish, from professional offices and retail shops to creative studios and service providers. This flexibility attracts a diverse tenant mix, ensuring stability and reduced risk. Turnkey Investment: This property is not just a building; it's a fully functioning business with proven income. With well-established operations and satisfied tenants, you can step in and continue the legacy of success without missing a beat. Benefits of This Investment: Immediate Cash Flow: With all units currently rented and a waiting list, you can start reaping the benefits of your investment right away. Strategic Growth Potential: The high demand for commercial space in the area presents opportunities for future expansion or rent increases. Community Appeal: The Celo Community is known for its vibrant atmosphere and strong local economy, making it an attractive place for businesses to thrive. Easy Management: The complexity of managing multiple tenants is made easier with a well-structured business model and engaged tenant relationships already in place. This is not just a property; it’s an investment in the future. Don’t miss your chance to take advantage of this fantastic opportunity to own a multi-use suite complex in one of the most sought-after areas of Yancey County. Whether you're seeking to expand your real estate portfolio or embark on a new venture, this property is poised for success. Contact us today for a private showing and be part of the growth in the Celo Community!

Additional Information

County
Yancey
Restrictions
N/A
Acreage Features
Level, Open Lot, Creek/Stream, Other - See Remarks
Exterior Finish
Wood
Sewer/Septic
Septic Installed
Heating
Propane, Separate Meters
Cooling
Separate Meters, Window Unit(s)
Roof
Architectural Shingle, Metal

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX RESULTS. wahlersteam@gmail.com

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”