Investor opportunity on Main Street just minutes from revitalized downtown Kannapolis! Current zoning is GC (General Commercial), allowing for commercial use or work/live opportunity. Per research with the City of Kannapolis, property could easily be re-zoned to R8 to mirror surrounding properties, allowing for single family, duplex, triplex, townhomes and small-scale multifamily development. Be advised that sellers have received notice from the City of Kannapolis to restore home or demolish it; the City is currently working with sellers to sell the property with the buyer assuming the restoration or demolition. Property is being sold as-is with buyer assuming responsibility to cooperate with the City's time frame to either demolish or restore the property. Sellers expect all due diligence to be completed prior to going under contract. Lot behind this property is being sold separately, see MLS 3899933. Please don't walk on the property without being accompanied by your agent.