5311 Old US Hwy 25-70 Marshall NC USA

Marshall, NC 28753

Listing ID: 187348

$475,000

For Sale

Lot Size Acres 2.350
Building Sq Ft 5,500
Building Price per Sq Ft $0.09
Land Sq Ft 102,366
Land Price per Sq Ft $4.64

5311 Old US Hwy 25-70 Marshall NC USA Marshall, NC 28753 - main image

5311 Old US Hwy 25-70 Marshall NC USA Marshall, NC 28753 - alt image 2

5311 Old US Hwy 25-70 Marshall NC USA - main image

5311 Old US Hwy 25-70 Marshall NC USA - alt image 2

Description

Commercial property on premium location in growing area! Flexible retail space on 2.35 acres with 339 feet of road frontage on U.S. 25-70 Bypass. Property includes 3 Story site built structure boasting 5,513 sq ft. Top floor is on main road level and was outfitted as a diner. 3 rentals on lower two levels - two efficiency apartments on middle level and one apartment on bottom level. Apartments currently on a month to month verbal rental, no lease. Property also includes a commercial business trailer that is 770 sq ft. rented as used car lot. Potential is unlimited. Property is located 20 min from Asheville, NC and 20 min from Hot Springs, NC.

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		171	1,237	3,284
Population Median Age		46	45	45
Population by Age	0-9 Yrs	11 (6%)	96 (7%)	306 (9%)
	10-19 Yrs	22 (12%)	146 (11%)	332 (10%)
	20-29 Yrs	14 (8%)	100 (8%)	238 (7%)
	30-39 Yrs	14 (8%)	102 (8%)	322 (9%)
	40-49 Yrs	26 (15%)	199 (16%)	606 (18%)
	50-59 Yrs	30 (17%)	214 (17%)	527 (16%)
	60-69 Yrs	30 (17%)	204 (16%)	487 (14%)
	70+ Yrs	24 (14%)	175 (14%)	465 (14%)

Median HH Income		$35,124	$36,439	$40,434
Total Household Income	< 24K	26 (30%)	188 (31%)	452 (31%)
	25-49K	34 (40%)	218 (37%)	449 (30%)
	50-74K	9 (10%)	72 (12%)	209 (14%)
	75-99K	8 (9%)	50 (8%)	117 (8%)
	100-199K	6 (7%)	51 (8%)	198 (13%)
	200K+	1 (1%)	9 (1%)	30 (2%)

Highest Education Level	No Diploma	23	168	410
	Diploma or GED	47	333	850
	Some College	29	200	524
	Assoc. Degree	9	71	230
	Bachelors Degree	10	90	313
	Higher Degree	14	94	218

Total Housing Units		99	742	1,937
--Owner-Occupied		54	381	991
--Renter-Occupied		30	208	463
Owner-Occupied Values	< 100K	11	87	232
	100-199K	23	152	330
	200-299K	7	52	140
	300-399K	9	63	171
	400-499K	0	2	18
	500K+	3	24	101

Total Working Age Population		145	1,045	2,747
In Work Force		71	524	1,475
Not In Work Force		75	521	1,271
Workforce Employed		66	485	1,385
Workforce Unemployed		5	37	79
Civlian Workforce		71	522	1,464
Military Workforce		0	2	11

Total Households		84	589	1,455
Family Households		55	374	900
Non-Family Households		29	215	555
Married Couple		35	255	693
Other Family		19	119	206
Married w/Child		6	49	170
Single Male w/Child		5	26	38
Single Female w/Child		10	63	97

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
North Carolina	8,049,313	+18	9,535,483	+12	10,647,005	+11	11,847,719
Madison County	19,635	+6	20,764	+11	23,069	+12	25,796

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Directions

Listing Agent

Darlene Fouts

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