Property Description

Exceptional Investment Opportunity: Multi-Use Suite Complex in Celo Community, Yancey CountyWelcome 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 Communi

Property Features