565 George Wilson Road Boone, NC 28607
Commercial building offering over 6300sq.ft. on 1.90 acres with approximately 170 feet of state maintained paved road frontage with easy access to Hwy 421 and Hwy 105. Current lease in place until 2029 so this property is ideal for investors looking for absentee ownership opportunities with an estimated cap rate of around 8%. Property has been used successfully for many years as a daycare/pre-school with 8 classrooms on the main level along with a full kitchen, office, bathroom, storage and utility room. Most classrooms offer a combination of sink and/or toilet in the classroom. Second level of building offers over 1900sqft. currently divided into 2 separate suites. Suite 1 is set up as a 2BR/1BA unit with full kitchen and living area and Suite 2 is currently being used as storage but could be converted into a similar 2BR/1BA unit. Adequate paved parking is available around building. Located less than 3 miles from AppState and downtown Boone!
- Property TypeCommercial
- NeighborhoodN/A
- CountyWatauga
- Taxes$4,295
- HOA/Condo/Coop Fees$0
- Days on Site42 Days
- MLS StatusActive
- MLS ID Number250020
- Home Size Source N/A
- Year Built1985
- Lot Size1.9 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Vinyl Siding
- Building Features Private Restrooms
- Parking PavedParking LotParking Spaces
- Sewer Private Sewer
- Number of Stories 222
- Acreage 1.9
- Water Public
- Zoning Business/Comm
- Utilities Cable Available
Interior Features
- Cooling Wall Window Units
- Heating BaseboardElectricHot Water
Exterior Features
- Roof AsphaltShingle
- Exterior OtherSee Remarks
- Other Structures Guest House
Community Features
- Community Features Long Term Rental Allowed
- MLS Area 1-Boone, Brushy Fork, New River
- Building Features Private Restrooms