LISTING BROCHURE

70 N Main St. - Mars Hill, NC $ 275,000

Presented By: Luiz Leonetti Jessi Leonetti828.575.4428 828.676.8451 Luiz@luizleonetti.com Jessi@leonettigroup.com

www.townandmountain.com

$ 2,000 SALE LEASEor

Executive Summary

OFFERING ACQUISITION OF:

Unique commercial opportunity prime for

redevelopment OR historic preservation.

The 1942 Mars Hill Theatre is located in

downtown Mars Hill, steps from the college

campus, public library, coffee shops,

restaurants, and more.

Restore the original theatre back to its glory

days to provide a dedicated event space and

theatre for the community to enjoy or

redevelop into commercial plaza for mixed

use. Potential for office/retail/entertainment,

tap room with community theatre and art

studios. Plenty of outdoor space for patio

seating and access to adjacent public library

to address parking.

The site has already been added to the

National Registry of Historic Places Study

List.

70 N Main St. Mars Hill, NC

Investment Overview

SALE PRICE:$ 275,000

MONTHLY LEASE:$ 2,000 NNN

GROSS BUILDING AREA:± 3,600 SF on Main± 1,140 SF in Mezzanine

LAND AREA:± 0.26 Acres

PIN:9747-85-4007

YEAR BUILT:1942

ZONING:C1 - Central Business

DEED:430/618

2017 TAXES:$1,255

THEATRE SEATING:173

70 N Main St. Mars Hill, NC

General LocationSubject Property

Mars Hill Theatre is located

in downtown Mars Hill steps

from the college campus,

public library, coffee shops,

restaurants, and more.

70 N Main St. Mars Hill, NC

City View 70 N Main St. Mars Hill, NC

- Music Venue

- Movie Theatre

- Microbrewery/Taproom

- Event Space

- Celebrations/Weddings

- Rehearsal Venue

- Coffee Shop

- Retail

Possible Uses:

Incorporate Your Commercial Venture Into An Already Vibrant Downtown

Floor Plan

LOWER LEVEL MEZZANINE

70 N Main St. Mars Hill, NC

Plat 70 N Main St. Mars Hill, NC

Renderings 70 N Main St. Mars Hill, NC

70 N Main St. Mars Hill, NC

Possible Combined Redevelopment

Seller also owns the adjacent property and will consider packaging the two proper-

ties into one sale should buyer express interest in substantial redevelopment.

Ask listing agent for more information.

Possible Combined Redevelopment

70 N Main St. Mars Hill, NC

Photo Gallery 70 N Main St. Mars Hill, NC

Photo Gallery 70 N Main St. Mars Hill, NC

Photo Gallery 70 N Main St. Mars Hill, NC

Photo Gallery 70 N Main St. Mars Hill, NC

C1 - Zoning 70 N Main St. Mars Hill, NC

CITY OF MARS HILL - NC

Central Business District (C-1)

Intent Mars Hill can be best served by the development and maintenance of a compact downtown com-mercial area which retains the pedestrian-oriented village atmosphere of the downtown. Retail businesses and services are encouraged to locate in the C-1 district. Expansion of this district should be limited to lands adjacent to the existing C-1 district.

Permitted Uses • Retail businesses and services, except automobile repair garages and self-service laundries • Banks and other financial institutions• Professional offices• Any retail business making products for retail sale on the premises, provided such manufac-turing is incidental to the retail business or service, occupies less than forty percent (40%) of the gross floor area, and employs not more than five (5) operators• Dwelling units located only in the upper floors of commercial buildings

Dimensional Requirements (Minimum)

Lot Size None Minimum Lot Width 25 feet

Rear Yard - 15 feet plus loading and maneuvering space for each loading door. The rear yard shall be kept free of obstructions which would hinder access by firefighting vehicles and apparatus. Side Yard - None if adjacent to commercially zoned property*. Ten feet (10’) if adjacent to residen-tially zoned property.

*Any building which is a place of public assembly must have a side yard of at least ten feet (10’).