620 S Norwood Street Wallace, NC ^$ 995,000

620 S Norwood Street

^$ 995,000

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Recently Listed

620 S Norwood Street

Wallace, NC, 28466

^$ 995,000

Studio Baths0.0 Sq 2,556

Monthly Estimate*

^$ 6,950

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Studio

Commercial Property for sale in Wallace, NC

for $995,000. This 2,556 square foot building was built in 1997 on a lot size of 1.63.

Opportunity to own both real estate and a profitable coin-operated laundromat and car wash business on a 1.63 acre lot in Wallace, NC. The laundromat is a spacious 2556 square foot building including 24 dryers, 47 washers, several folding stations, two bathrooms, a game room, and an office/supply room. HVAC has been replaced in the laundromat building. There is a 1000-gallon underground propane tank. The second building is an automatic and self-service car wash that has one automatic bay, four wand bays, and three vacuum stations. This is currently an all-cash business and has other revenue streams which include a snack vending machine, gaming machines, and a soft drink vending machine. Gaming machines and the soft drink vending machine are contracted so they do not convey.

Commercial Active

Price

^$ 995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

1.63

Year Built

1997

Town/City

Wallace

County/Region

Duplin

MLS | Web ID

100441989

Features

General

Possession At Closing

Zoning Commerical

New Construction No

Subdivision Not In Subdivision

County Duplin

Stipulation of Sale None

Property Type G

HOA No

Tax Year 2022

Status Active

Lot Sqft 71003.00

Days on Market 16

City Limits No

Year Built 1997

City Wallace

Location Type Mainland

Street Name Norwood

Exterior

Lot Dimensions 198x351x200x355

Lot Acres 1.63

* Excluded Features

List By

Loni X Walker

Listing Agent

Fathom Realty Nc, Llc

Broker

LoniWalker@gmail.com

Affordability Calculator

$6,950

Per Month

Monthly Principal & Interest: $6,950
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Wallace, NC

Average List Price ^$645,363

Percent of Sale Price 35%

About Wallace, NC

3,933 Population

14% Since 2002

^$33,397 Median Income

41.28 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3960720 Elementary School

3960847 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$995,000		Listed Price

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620 S Norwood Street, Wallace, NC, 28466 is a Commercial Property for sale at $995,000 with 2,556 sqft and a lot size of 1.63. 620 S Norwood Street is a studio with 0.0 baths and was built in 1997. The property's zip code is 28466 which is in Wallace, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Copyright 2019 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

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620 S Norwood Street

Commercial Property for sale in Wallace, NC

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