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Move in ready Medical Office 118 S Scales St 8,800 SF Office Building Reidsville, NC 27320 $425,000 ($48.30/SF)
Investment Highlights
- Turnkey Medical Office — Move-in ready medical space with minimal buildout needed so you can begin operations right away.
- Income in Place — Existing lease on the retail side provides rental income, offering immediate cash flow for a savvy owner.
- Downtown Visibility — Prime downtown location with strong visibility, walkability, and flexible future use potential.
- 5 Exam Rooms with Water — Five private exam rooms, each with water access, ideal for medical, dental, wellness, or specialty care.
- Convenient Parking — Public parking lot in rear plus on-street parking in front provides easy access for patients and staff.
- For additional information please contact broker Jason E. Smith at (336) 709-6745.
Executive Summary
The medical office portion is fully built out and features five private exam rooms, each equipped with water access, creating an efficient layout for medical, dental, wellness, therapy, or specialty healthcare operations. With minimal upfront improvements needed, a buyer can quickly occupy and begin serving patients.
Adding to the property’s appeal, the retail/storefront side is currently leased, providing in-place rental income from day one. This existing revenue stream helps offset occupancy costs and enhances overall investment value.
Convenient access is supported by a public parking lot located directly behind the building, along with on-street parking in front, ensuring easy access for patients, customers, and staff.
Positioned on one of downtown Reidsville’s main corridors, the property benefits from excellent visibility, strong street presence, and close proximity to surrounding businesses, government offices, and community amenities. Whether you are seeking a turnkey medical office, an income-producing asset, or a flexible mixed-use property, 118 S. Scales Street offers a compelling opportunity in a growing downtown market.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
118 S Scales Street offers the opportunity to acquire a multi-level commercial building in the heart of downtown Reidsville. Positioned along South Scales Street, the property benefits from main street visibility, walkable access to surrounding businesses, restaurants, financial institutions, and civic destinations, creating a convenient environment for professional office, medical, dental, or creative business users. The building contains approximately ±8,800 square feet across two levels. The main level includes approximately ±2,200 square feet of finished office space configured with private offices or treatment rooms, a reception area, and plumbing access throughout, making it suitable for a variety of professional occupancies. An additional portion of the main level is currently leased to a local artist, providing existing occupancy while preserving future flexibility for owner-users or investors. The second floor consists of approximately ±4,400 square feet of unfinished space currently utilized for storage. This upper level presents opportunities for future buildout, expansion, or alternative operational uses subject to local requirements and approvals. The combination of existing finished space, current occupancy, and expansion potential allows buyers to tailor the asset to evolving business or investment objectives. Located within downtown Reidsville's established commercial district, the property benefits from nearby public parking, pedestrian activity, and access to local services. Its adaptable layout and multi-level configuration support a variety of professional, medical, office, and creative business applications while offering long-term flexibility for future improvements.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 8,800 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 8,800 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 8,800 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
118 S Scales Street offers the opportunity to acquire a multi-level commercial building in the heart of downtown Reidsville. Positioned along South Scales Street, the property benefits from main street visibility, walkable access to surrounding businesses, restaurants, financial institutions, and civic destinations, creating a convenient environment for professional office, medical, dental, or creative business users. The building contains approximately ±8,800 square feet across two levels. The main level includes approximately ±2,200 square feet of finished office space configured with private offices or treatment rooms, a reception area, and plumbing access throughout, making it suitable for a variety of professional occupancies. An additional portion of the main level is currently leased to a local artist, providing existing occupancy while preserving future flexibility for owner-users or investors. The second floor consists of approximately ±4,400 square feet of unfinished space currently utilized for storage. This upper level presents opportunities for future buildout, expansion, or alternative operational uses subject to local requirements and approvals. The combination of existing finished space, current occupancy, and expansion potential allows buyers to tailor the asset to evolving business or investment objectives. Located within downtown Reidsville's established commercial district, the property benefits from nearby public parking, pedestrian activity, and access to local services. Its adaptable layout and multi-level configuration support a variety of professional, medical, office, and creative business applications while offering long-term flexibility for future improvements.
Property Taxes
| Parcel Number | 154879 | Improvements Assessment | $190,334 |
| Land Assessment | $24,414 | Total Assessment | $214,748 |
Property Taxes
Contact the Sale Advisor
Move in ready Medical Office | 118 S Scales St