Address
13481 Rosman Highway Lake Toxaway, NC
Price
$ 450,000
Property Attributes
  • ID#3783582
  • TypeCommercial
  • CountyTRANSYLVANIA
  • CityLake Toxaway
  • AreaTransylvania County
  • Zip28747
  • StyleCommercial
  • Price$ 450,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage4933
  • Lot Size2 Acres
Listing Provided Courtesy Of:
Gail Masterson
Data Source:
Canopy MLS
Property Description

A cash flow investment, this fully leased mixed use Lake Toxaway property consists of four offices and two apartments. With excellent visibility for access and signage on extensive US 64 straightway, Toxaway Business Center is a great location for professional offices because you do business in this area or want an office close to home. Office spaces range from 610 to 629 SF, with big front windows, kitchenettes, & half baths. Parking for 6 vehicles with space for easy expansion. 725 SF of covered porches. The high demand for apartments in this area can command rent increases. The two one bedroom apartments are generously sized @1,543 SF & 911: larger has huge bonus room (no window) & laundry with installed washer & dryer; smaller has a very large bedroom & eat-in kitchen. Located on the lower level accessed by paved driveways to gravel parking around the bldg, both have good natural light. Mechanical & storage rooms on lower level. Offices separately metered; apartments share meter.

Price History
9/27/2021 Listed $450,000

General Features

Accessibility Bath Roll-Under Sink, Swing In Door(s)
Car Hoasubjectto None
City Lake Toxaway
Complex Name Toxaway Business Center and Apartments
Construction Materials Block
Construction Type Site Built
Cooling Central Air, Separate Meters, Office Only
County Transylvania
Directions 20 minutes fromTransylvania County Courthouse, take N Broad St to bear right on US 64 W approx. 14 miles on left to 13481 US 64, Rosman, Hwy. Big signage. Approx. 2 miles from Lake Toxaway Estates
Elevation 2500
Flooring Carpet, Linoleum, Vinyl
Grossincome 49800
Heating Central, Electric, Separate Meters, Office Only
Net Operating Income 41402
New Construction No
Number of Units Leased 6
Operatingexpense 8398
Possible Use Commercial, Multi-Family
Property SubType Commercial
Property Type Commercial Sale
Restrictions Other - See Media/Remarks
Roof Metal
Secondary Sub-Type Other
Standard Status Active
Street Name Rosman
Structure Type Office
TaxAssessedValue 271320
Total Units 6
Utilities Septic Tank, Well
Year Built 1971
Zoning Description none

Interior Features

Living Area 4933
Sprinkler None
Street Suffix Highway
Total Baths 2
Total Stories 2

Exterior Features

Building Area Total 4933
Foundation Details Basement Fully Finished, Block
Inclusions Building
Lot Size Area 2
Number of Buildings 1
Other Parking front parking lot for office use marked with curbs. additional space for possible expansion of upper parking. circular driveway to lower gravel parking areas on both sides of rear of building for res
Road Frontage 200
Road Frontage Type Highway
Road Responsibility Public Maintained Road
Total Parking 11

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 28747

Price
AVG $350K
$450K
Visits
AVG 24
13
Year Built
AVG 1971
1971