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Approximately an 8% CASH ON CASH return, plus extra land to build more tenant space. Long established (37 years) 100% occupied, 43,504 sq. ft. shopping center. Tenants are IGA Grocery Store, Spectrum, Walgreen's & Dollar Tree. Value add component of vacant land that would accommodate approximately 20,000 - 30,000 sq. ft. of additional retail buildings and parking. Parking lot milled as needed, repaved, sealed and striped in 2025. Exterior repainted in 2025. Roofs in excellent shape. 1.64 ac. & .64 ac. outparcels, NOT INCLUDED IN THIS OFFERING, available for $199,000 and $75,000 respectively. Prospective buyer's need to be prequalified/vetted. A serious/qualified buyer will need at least approximately $1,000,000 in cash to put into a purchase, or have a track record of similar or larger investments.
| DAYS ON MARKET | 4 | LAST UPDATED | 9/7/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1989 |
| COMMUNITY | 26-Outside of Area | COUNTY | Wilkes |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| Elementary School | Mulberry |
|---|---|
| High School | North Wilkes |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric, Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 26-Outside of Area |
| CONSTRUCTION | Block, Brick |
| EXTERIOR | None |
| HEAT | Electric |
| LOT | 10.1 acre(s) |
| LOT DIMENSIONS | 10.1 |
| SEWER | Public Sewer |
| SUBDIVISION | None |
| TAXES | 15097 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Barry Bush, Finley Properties II, llc
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