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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

NAI Piedmont Triad is pleased to present 118 S. Scales Street, a unique owner-user and investment opportunity located in the heart of downtown Reidsville, North Carolina. This versatile property offers a rare combination of move-in ready medical office space and existing income-producing retail space, making it ideal for healthcare providers, investors, or owner-occupants seeking immediate functionality and built-in cash flow.
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

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,800 SF
Building Class
B
Year Built/Renovated
1971/2019
Price
$425,000
Price Per SF
$48.30
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,400 SF
Building FAR
2.00
Lot Size
0.10 AC
Zoning
CB/RD - Central Business / Residential
Parking
18 Spaces (2.05 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
154879
Land Assessment
$24,414
Improvements Assessment
$190,334
Total Assessment
$214,748
  • Listing ID: 36644833

  • Date on Market: 7/8/2025

  • Last Updated:

  • Address: 118 S Scales St, Reidsville, NC 27320

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