$550,000
$599,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
1107 Erwin RD Dunn, NC 28334
5,962 SqFt
Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 5,962 sqft
Price per Sqft $92
MLS Listing ID 10168644
Sold Date 09/15/26
HOA Y/N No
Year Built 1941
Annual Tax Amount $6,564
Lot Size 1.920 Acres
Acres 1.92
Lot Dimensions 347x247
Property Sub-Type Business
Source Doorify MLS
Land Area 5962
Property Description
This turnkey investment opportunity in the heart of Dunn's established medical corridor will provide immediate and growing cash flow from day one. Offering includes two buildings plus two outbuildings situated on a combined 1.92 acres across adjacent parcels. A brand new 3-year lease extends through June 2029 plus renewal options. Current rent is $4,500/month with annual 3% escalations. The long-term tenant operates an Adult Day Care and Family Care Home -- stable, need-driven uses -- and pays all utilities plus some maintenance, keeping operating expenses lean for the owner. Contact the listing agent for complete lease terms and documentation. Zoned Office & Institutional within the City of Dunn just around the corner from Betsy Johnson Harnett Health Hospital and numerous medical practices that continue to attract healthcare-related users -- a natural fit for the current tenancy and future demand. For lease terms, financials, and showing inquiries, contact the listing agent.
Location
State NC
County Harnett
Area 1.92
Zoning O&I
Interior
Fireplace No
Exterior
Garage No
Building
New Construction No
Others
Tax ID 021506 0094 01
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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