$1,250,000

1345 Poplar Grove Road S , Boone, NC 28607

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:0 sqft
Lot:1.05
Year Built:1986
Listing Status:Active

Listing Agent

Sue Glenn
http://blowingrockproperties.com/
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We cannot obtain a street view for this location. Please See Google Maps for any possible street views and other mapping views.
Loan Amount:
Interest:
Term (Years):
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Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

A RARE OPPORTUNITY! WITH A 40-YEAR LEGACY OF HIGH-END, ARTISANAL, LOG AND TIMBER-FRAME MOUNTAIN STRUCTURES, THIS SUCCESSFUL CONSTRUCTION COMPANY IS WILLING TO PASS THE TORCH. THIS OFFERING IS FOR THE BUSINESS + THE REAL ESTATE. (BUSINESS IS ALSO OFFERED). Business sale price includes more than $90,000 of construction equipment and tools and more than $60,000 of office equipment and furnishings. With a business reputation, repeat business, referrals, a successful website and key domain name, and a regional franchise for a successful log home and timber-frame company, this Contractor has generated much more potential business than he has been willing to take on. OPPORTUNITY is written here with capital letters! Contractor-Seller is willing to train, as needed. Key construction and office staff have expressed willingness to stay on board. Business owners also own the real estate. The present business occupies approximately 3,600 SF of the 7,362 SF building. (Sellers are offering the Business as a separate offering so that the Business Buyer can have maximum flexibility. With control of the real estate, the Sellers can offer the Business Buyer maximum flexibility to negotiate for leased space as desired or needed). Office space shows off the artisanal workmanship and exquisite use of quality materials that have been the hallmark of this business for decades. Yes, millions of dollars of contracts have been negotiated right here! Business and lease records are available with signed Confidentiality Agreements. The 7,362 SF Building currently includes rental spaces for the Construction Company and various construction-related subtenants. Even parking lot spaces are leased to a moving company. As a real estate investment, current rents are offering a cap rate of approximately 6-6.5%. Subtenants' leases are structured with a 30-day notice clause for maximum flexibility for use of the building by the Business Buyer. (Aerial tax map is NOT a survey.)

Detailed Items

Other Information

1345 Poplar Grove Road S, Boone, NC, 28607 is a commercial sale listing of 0 sqft on a lot of 1.05. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property1345 Poplar Grove Road S, Boone, NC
Copyright © 2025 High Country Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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