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1202 S Main St 4,500 SF Office Building Graham, NC 27253 $1,675,000 ($372.22/SF)

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INVESTMENT HIGHLIGHTS

  • Lots of road frontage. High traffic, high visibility location.

EXECUTIVE SUMMARY

Block and Steel office building already subdivided into 3 areas suitable for renting. Includes property to the rear and side of the office which effectively gives the owner considerable road frontage at a very busy intersection.
heetz moved in across the street due to the very busy intersection. New commercial construction is going on at the adjacent corner. The area is building up fast. The three combined lots give the owner a large lot with lots of traffic exposure. The building was renovated a few years ago with new flooring, new HVAC, a large 20x20 conference room, new paint inside and out, etc. It is move in ready for the right tenant or could be a great investment property. The house on the right side of the property is available for rent and produces roughly $1,200 per month income. The house behind the office is used for overflow storage. It is not suitable for habitation. However, the value is in the main building and the land/location. A brand new 250+ unit housing development is under construction behind the office. This should significantly increase the population density of this area even further.
NOTE: The ComTech business is NOT for sale. We are simply going to relocate to a larger building.

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,500 SF
Building Class
C
Year Built
2003
Price
$1,675,000
Price Per SF
$372.22
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,500 SF
Building FAR
0.16
Lot Size
0.65 AC
Zoning
B 2 - Business

AMENITIES

  • Signage
  • Reception
  • Car Charging Station
  • Central Heating
  • Partitioned Offices
  • Drop Ceiling
  • Air Conditioning
  • Fiber Optic Internet

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • ComTech Computer Services, Inc.
  • Information
  • 99,999 SF
  • $9.99
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
ComTech Computer Services, Inc. Information 99,999 SF $9.99 Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
144357
Land Assessment
$100,126 (2025)
Improvements Assessment
$318,684 (2025)
Total Assessment
$418,810 (2025)
  • Listing ID: 29189578

  • Date on Market: 8/4/2023

  • Last Updated:

  • Address: 1202 S Main St, Graham, NC 27253

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