131 E Main StForest City, NC

Stacy Wheeler

Broker
Carla & Company
828-222-3685
NC # 307861
For Sale
FOR
SALE
  • List Price
    $1,150,000
  • MLS Number
    3891979
  • Square Feet
    15,359
  • Year Built
    1929
  • Lot Size
    0.11+/- Acres
A must-see Investment opportunity! Located in the C-1 district on Main St. in historic downtown Forest City, this 15,359 SF building is the largest in town and features great visibility and rich history. Built in 1929, this architectural gem opened as the Romina Theater and featured vaudeville acts & movies. The upstairs features 19'3'' ceilings, original hand painted designs, curved “proscenium arch”, original stamped tin tiles and ornate lighting fixtures. Currently vacant, the upstairs has many possible uses for increased revenue including retail, office, gallery or event space. The street-level and basement are occupied by a local & reputable hardware tenant. The main level features 4,939 SF, large display windows, a spacious retail area with high ceilings, storage room, and a conveyor belt & freight elevator for easy moving of goods and materials. The basement features more retail space, private office & additional storage. Recent improvements include installing fire rated doors & walls throughout, new restroom and new carpeting. Adjacent to the site is the new multi-million dollar Pavillion on Park Square (POPS) featuring a 2,000-seat amphitheater, 2 splash pads and a plaza. The Town of Forest City was voted #1 Christmas town in the Asheville area in 2021 and #1 place to see Christmas lights in WNC attracting locals and tourists alike. Rutherford County is situated in the foothills of Western North Carolina, and is centered one hour between Asheville, Charlotte and Greenville Spartanburg (SC). US Highway 74 connects I-26 and I-85, serving as a corridor between three regional centers of commerce.

Please do not disturb the tenant.

Contact the listing agents for financial information and to schedule a showing. Listing Agent is one of the sellers and is a Licensed NC Broker.

Stacy Wheeler

Broker
NC # 307861
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