Rare investor opportunity centered around potential commercial frontage on Long Shoals Road. This nearly 1-acre property offers excellent visibility along a high-traffic corridor, while the existing income-producing home sits privately toward the rear of the lot with separate driveway access from Memory Lane. Currently zoned R2, the property features… Read More a 4-bedroom, 3-bath bungalow with strong rental history, mountain views, private deck, lower-level theatre room, second primary suite with separate entry, 1-car garage, and roof replaced in 2014. The home can continue generating income while a buyer explores the long-term value of the Long Shoals Road frontage. City sewer is believed to be very close by near the corner of Memory Lane and Clayton Road, creating potential upside for a buyer willing to pursue sewer connection, subdivision, or possible commercial rezoning, all subject to applicable approvals. The property also benefits from strong sight lines near the Clayton Road intersection and visually reads like a corner lot because the lot at the intersection in front of it is not buildable. Hold the rental home, pursue the frontage opportunity, and unlock the future potential of this highly visible Long Shoals Road parcel. Owner also owns the property next door at 506 Long Shoals, if interested in more frontage potential, please reach out. Read Less
Courtesy of Walnut Cove Realty/Allen Tate/Beverly-Hanks, Matt Payne, [email protected].
Finished Area Above Grade: 1226, Area: 1956, Building Area: 1226, Construction Materials: "Block", "Hardboard Siding", "Stone Veneer", Levels: "Two", Year Built: 1966, Construction Type: Site Built
Cooling
Details: "Attic Fan"
Garage
Garage Spaces: 1, Man Level Garage: 0, Garage SqFt: 366
Heating
Heating: "Heat Pump"
Laundry
Description: "Electric Dryer Hookup"
Lot
Size: 0.95, Size Units: Acres
Utilities
Sewer: "Private Sewer", Water Source: "City"
Interior Features
SqFt Lower: 0, Main SqFt: 1226, Third SqFt: 0, Heated Basement SqFt: 488, Unheated Total SqFt: 488
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