500 Cannon BlvdKannapolis, NC 28083

This 5,510 square foot office building presents a unique owner-user opportunity in Kannapolis, NC. Situated on a 0.67-acre lot at 500 S Cannon Blvd, this property boasts a prime location on heavily trafficked NC Hwy 29. The building, renovated in 1957, offers flexible space suitable for creative, medical, or traditional office uses, as permitted by the C2 zoning. The property includes 12 parking spaces and is conveniently located just 4 miles from I-85 Exit 58, 3.5 miles from Exit 60, and 3.6 miles from Exit 63. Its proximity to Downtown Kannapolis, the NC Research Campus, and Atrium Health Stadium adds significant appeal. Currently, the owner and two other tenants occupy the space, none of whom are currently paying market rate rent, presenting a substantial upside potential for the new owner. The building consists of one structure and the occupancy date is October 30, 2024. The asking price for this exceptional investment opportunity is $695,000.