516 W Chapin Rd, Aberdeen, NC 28315

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List Price
$600,000
Status
ACTIVE
MLS#
100605501
Days on Market
1
Year Built
1979
Acres
1.35
Neighborhood
Aberdeen

Property Description

Own a piece of Aberdeen Station's next chapter. This offering combines Lots 6 REV, 6-B and 6-C, totaling approximately 1.35 acres. The property includes a 5,500 SF, single-story brick building within the mixed-use redevelopment of the former Aberdeen school campus. Formerly used for kindergarten, the property offers an adaptive-reuse opportunity for an owner-user or investor, including the outdoor area labeled playground on the conceptual masterplan. The planned development permits a broad range of uses, including daycare, office, medical, retail, personal services, education/training and fitness, subject to applicable conditions and approvals. Explore a dedicated business location or a multi-tenant concept, subject to layout, parking and code requirements. Surrounding campus investment includes active renovation of the main school building, three leased business spaces, and upgrades to the operational Town gymnasium and auditorium. Planned additions include a food truck park, The Story Garden event venue with an outdoor amphitheater, and residential development. Together, these projects offer the potential for an interconnected campus of businesses, recreation and community activity. Future phases and timing remain subject to approvals and development progress. Offered vacant and as-is for renovation. Water, sewer and electrical access are available, but utilities are not operational. Parking and site improvements are required; parking shown on the masterplan is conceptual. Temporary gravel parking is subject to Town review and approval. A development POA is planned but not yet established. Seller financing considered with a minimum 50% down, subject to negotiated terms. Listing broker has an ownership interest in the selling entity.

Additional Information

Cooling
None
Heating
Electric, None
Foundation
Combination, Slab, Crawl Space
Roof
Flat
Lot Information
Other, Irregular Lot, Irregular Lot, Recreation Nearby
Utilities
Other
Water
Public

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Calculator source: Real Geeks

Listing courtesy of REAL Broker LLC.

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