Investor opportunity on Main Street just minutes from revitalized downtown Kannapolis! Current zoning is GC (General Commercial), allowing for commercial use or work/live opportunity. Per research with the City of Kannapolis, property could easily be re-zoned to R8 to mirror surrounding properties, allowing for single family, duplex, triplex, townhomes and small-scale multifamily development. Be advised that sellers have received notice from the City of Kannapolis to restore home or demolish it; the City is currently working with sellers to sell the property with the buyer assuming the restoration or demolition. Property is being sold as-is with buyer assuming responsibility to cooperate with the City's time frame to either demolish or restore the property. Sellers expect all due diligence to be completed prior to going under contract. Please don't walk on the property without being accompanied by your agent.
This is a Beautiful Brick home. New $13,000 HVAC Rheem unit installed 3/29/2023 It is zoned residential but also has commercial uses available. This is a large home that sits on 2.6 acres. Have your own oasis close to Kannapolis . Within a minute to I85. Perfect location with land. This property is being used for residential use but is zoned OFC and Residential. OI Office institutional. Please call the city of Kannapolis Zoning to check your use. This is being sold for the commercial value and location of the land. Cross listed in Commercial MLS # 3801849
The median home value in Kannapolis, NC is $280,750. This is lower than the county median home value of $353,200. The national median home value is $338,100. The average price of homes sold in Kannapolis, NC is $280,750. Approximately 53.43% of Kannapolis homes are owned, compared to 32.49% rented, while 14.08% are vacant. Kannapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kannapolis real estate agent to arrange a tour today!
Kannapolis, North Carolina has a population of 52,173. Kannapolis is less family-centric than the surrounding county with 31.56% of the households containing married families with children. The county average for households married with children is 35.91%.
The median household income in Kannapolis, North Carolina is $58,084. The median household income for the surrounding county is $75,765 compared to the national median of $69,021. The median age of people living in Kannapolis is 36.9 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 27.5 degrees. The average rainfall is approximately 43.7 inches per year, with 3.8 inches of snow per year.