23 Beds

10 Full baths

8,639 SqFt

Active

Prime investment and/or redevelopment opportunity located in Downtown Cornelius, NC in the proposed Arts District. The offering is a 10-Unit apartment complex within walking distance to Town Hall, Cornelius Police Department, Walgreens, Oak Street Mill Village and a host of retail, eateries and more! The project is also within walking to the under development $25MM Cain Center for the Arts on Main Street in the heart of Downtown Cornelius. The property is also located about 4 miles (10-min drive) from Jetton Park & Ramsey Creek Park, which offer lakefront parking for boats, a small beach, tennis courts, trails, fishing & picnicking, sand volleyball, horseshoes & a playground. This property has a lot of potential with the ability to be redeveloped or utilized as workforce housing, affordable housing or market rate apartments. Reach out today for a tour and see the potential for yourself! **Do not disturb residents**

Property Details
Price $2,500,000
Bedrooms 23
Full Baths 10
Property Style Traditional
Lot Size Area 1.15
Lot Size Area Units Acres
Property Type MultiFamily
MLS Sub type Multi-Family
Exterior Features Storage
Year Built 1960
Subdivision None
Heating Central
Foundation Crawl Space
Lot Description Level, Open Lot, Wooded
Laundry Features Main Level, Laundry Room, Porch
Parking Description Parking Lot
Geographic Data
Directions Coming from I-77 north, take exit 28 for Catawba. Continue into downtown turn right on Oak Street, immediately following the Arts center & Cornelius Police Department. Continue on Oak. After oak street veers to the left, the property will be a white house and adjacent brick apartments will be on your left. Address: 19630 Oak Street, Cornelius, NC 28013 & 19612 Oak Street, Cornelius, NC 28013.
County Mecklenburg
Latitude 35.479468
Longitude -80.858535
Address Information
Address 19612 Oak Street, Cornelius, NC 28013
Postal Code 28013
City Cornelius
State NC
Country United States
Listing Information
Listing Office Better Homes and Gardens Real Estate Paracle
Listing Office Phone 803-325-8774
Listing Agent Ryan Evans
Listing Agent Phone 252-292-0624
Special listing conditions Subject to Lease, None
Terms Cash, Conventional
School Information
Elementary School Cornelius
Middle School Bailey
High School William Amos Hough
MLS Information
Days on market 54
MLS Status Active
Listing Date Jun 2, 2022
Listing Last Modified Jul 26, 2022
Tax ID 00521110
MLS # CAR3865196

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This information is believed to be accurate, but without any warranty.