Listing courtesy of 10X Real Estate & Investments. team@10xmyre.com
5-Unit Apartment Development Opportunity in Downtown Maiden or build a Quad-Plex. Rare infill development opportunity at 104 S Main Ave in downtown Maiden, NC. This approximately 0.40-acre site is zoned C-1 Central Commercial, Maiden’s downtown-oriented zoning district, which allows a mix of commercial and compatible residential uses. The attached concept plan shows a 5-unit apartment building permitted by right, consisting of five proposed 3-bedroom apartment units on one parcel, not individually subdivided townhomes. The plan also provides 11 parking spaces, exceeding the five spaces identified as required for the proposed use. The property offers frontage along South Main Avenue, with city water and sewer available at the site. The concept plan identifies a maximum building height of 50 feet and reflects applicable zoning setbacks for the proposed development. Ideal for an investor or developer seeking a compact multifamily project in the heart of downtown Maiden. Concept plan and development information are subject to final engineering, site-plan review, utility confirmation, permitting, and approval by the applicable governmental authorities.
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