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105-109 Winston Rd
Jonesville, NC 28642
Retail Property For Sale


Investment Highlights
- signalized intersection exposure
- potential rental upside
- multiple existing tenants
- additional upper-level storage
Executive Summary
Multi-Tenant Commercial Investment & Owner-User Opportunity – Jonesville, NC
Excellent opportunity to acquire an established multi-tenant commercial property in Jonesville, North Carolina. Located at 105, 109 & 111 Winston Road, the property consists of approximately 5,280 SF of commercial space situated on approximately 0.67 acres, together with a separate approximately 1,386 SF three-bay garage located at the rear of the property at 100 Plaza Road. The property benefits from excellent exposure at a signalized intersection, access from both Winston Road and Plaza Street, and convenient proximity to I-77.
The building is currently configured for multiple tenants and offers a flexible combination of office, retail/service and commercial space. Interior areas include lobby/reception areas, multiple offices, restrooms, storage, kitchen/breakroom and utility areas. Each tenant space includes restroom facilities, and the building is served by electric heating and cooling systems. An upper level is currently utilized as non-climate-controlled attic/storage space, providing additional utility and potential future expansion subject to applicable approvals.
The property is currently occupied by multiple tenants and generates approximately $2,810 per month / $33,720 annually in reported gross rental income. The existing lease structure creates an attractive opportunity for both investors and owner-users. An investor may have the opportunity to reposition rents over time as leases renew or turn over, while an owner-user could potentially occupy a portion of the property as space becomes available while retaining other tenants to help offset ownership costs.
The property is zoned B-2 General Business by the Town of Jonesville, allowing flexibility for a variety of commercial uses subject to applicable zoning requirements. Its combination of existing rental income, multiple tenant spaces, detached garage/storage, two-street access, visibility and convenient interstate access makes the property well suited for an investor, professional office user, service business or partial owner-occupant.
Excellent opportunity to acquire an established multi-tenant commercial property in Jonesville, North Carolina. Located at 105, 109 & 111 Winston Road, the property consists of approximately 5,280 SF of commercial space situated on approximately 0.67 acres, together with a separate approximately 1,386 SF three-bay garage located at the rear of the property at 100 Plaza Road. The property benefits from excellent exposure at a signalized intersection, access from both Winston Road and Plaza Street, and convenient proximity to I-77.
The building is currently configured for multiple tenants and offers a flexible combination of office, retail/service and commercial space. Interior areas include lobby/reception areas, multiple offices, restrooms, storage, kitchen/breakroom and utility areas. Each tenant space includes restroom facilities, and the building is served by electric heating and cooling systems. An upper level is currently utilized as non-climate-controlled attic/storage space, providing additional utility and potential future expansion subject to applicable approvals.
The property is currently occupied by multiple tenants and generates approximately $2,810 per month / $33,720 annually in reported gross rental income. The existing lease structure creates an attractive opportunity for both investors and owner-users. An investor may have the opportunity to reposition rents over time as leases renew or turn over, while an owner-user could potentially occupy a portion of the property as space becomes available while retaining other tenants to help offset ownership costs.
The property is zoned B-2 General Business by the Town of Jonesville, allowing flexibility for a variety of commercial uses subject to applicable zoning requirements. Its combination of existing rental income, multiple tenant spaces, detached garage/storage, two-street access, visibility and convenient interstate access makes the property well suited for an investor, professional office user, service business or partial owner-occupant.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,667 SF
Building Class
B
Year Built
1948
Price
$425,000
Price Per SF
$63.75
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.23
Lot Size
0.67 AC
Zoning
B2
Amenities
- Corner Lot
- Signalized Intersection
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 123900 | Improvements Assessment | $275,296 |
| Land Assessment | $115,156 | Total Assessment | $390,452 |
Property Taxes
Parcel Number
123900
Land Assessment
$115,156
Improvements Assessment
$275,296
Total Assessment
$390,452
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