229 Wilson Street, Lenoir, NC 28645 (MLS # 4433403)
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Attention investors/developers! Own a piece of Caldwell County history! This building was reportedly built in 1886 and served as the first hospital in Lenoir, NC. The potential to develop this historic building and remainder of the parcel could open up a world of possibilities. The 2 story subject property sits on nearly an acre that is currently zoned CZ for project development. Current owner has worked diligently and successfully with City of Lenoir in bringing an upscale, 7 unit apartment building in the adjacent building on the adjacent lot. Plan stated as approved for 15 apartments on the property, so there is already early approval for 8 apartments that could be created in the building on the subject property, which is on a separate parcel from the renovated 1 story building that the owner developed and plans to maintain as lucrative upscale apartment rentals. Planning and zoning created 5 ft parcel boundaries between the two buildings on each parcel. Buyer of subject property is advised to seek input from Lenoir Planning and Zoning prior to purchase to clarify project plans, as there is the potential on the parcel for building 1-2 additional townhomes or other structures. Owner is willing to do owner financing on the building and parcel, and has stated that he will provide owner financing for a period of 10 years, with a 30% down payment and an 8% interest rate.
| YEAR BUILT | 1886 | COUNTY | Caldwell |
|---|---|---|---|
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | None |
| BASEMENT | Unfinished, Yes |
| HEAT | None |
| LOT | 0.9 acre(s) |
| LOT DESCRIPTION | Wooded |
| LOT DIMENSIONS | 0.9 |
| MLS STATUS | Active |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Cable Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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