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127-129 Barnes St W 4,614 SF 100% Leased Retail Building Wilson, NC 27893 $1,225,000 ($265.50/SF) 7.20% Cap Rate



Investment Highlights
- Historic 1924 brick property masterfully renovated into a mixed-use live/work configuration.
- Upper-level residential loft creates immediate dual-income potential.
- Includes adjoining vacant lot for future development or outdoor use.
- Ground floor designed for art exhibitions, gallery events, or creative office use.
- Located steps from Whirligig Park and Wilson Warbirds Stadium, near dining and downtown amenities.
- Fully occupied with the flexibility to adapt as an investor or owner-user.
Executive Summary
Mixed Use, Retail • 4,050 SF •
sale includes .11 Acre lot for future development
Welcome to one of downtown Wilson's most recognizable and creative spaces--the iconic Edge Building.This historic, century-old brick building has been thoughtfully restored and re-imagined into a vibrant hub for art, creativity, and modern urban living. Perfectly positioned in the heart of downtown, you're just steps from the energy of Whirligig Park and Warbirds Stadium, surrounded by Wilson's growing arts and cultural scene.? Lower Level: A striking, open art studio and gallery space--previously hosting popular art shows and exhibitions. Ideal for artists, entrepreneurs, creatives, or anyone wanting a one-of-a-kind commercial presence.? Upper Level: Private residential living quarters featuring character, charm, and a seamless blend of industrial and artistic design.This is more than a property--it's a live/work lifestyle where creativity and daily living naturally intersect. The building itself has long been part of Wilson's historic downtown fabric and now stands as a cornerstone of its evolving arts district. Location Highlights? Steps to Whirligig Park (nationally recognized landmark) and Brand New Wilson (Warbirds) Stadium? Walking distance to restaurants, coffee shops, and downtown events? Situated in Wilson's thriving and revitalized downtown district Would be Perfect For: ? Artist studio + residence? Gallery + event space? Creative office or boutique concept? Unique short-term rental or live/work investment Opportunities like this don't come around often.Own a piece of Wilson's history while stepping right into its creative future.ATTENTION INVESTORS!Positioned in the heart of downtown Wilson's active redevelopment corridor, the iconic Edge Building offers a rare mixed-use asset with immediate income potential and long-term upside.This live/work configuration gives investors multiple exit strategies and revenue streams--something you don't see often at this price point. OVERVIEW? Mixed-use: Commercial (lower level) + Residential (upper level)? Proven use case: Art studio, gallery events, creative space? Walk able downtown location with increasing foot traffic? Historic structure with strong character appeal (tenant draw)STRATEGY OPTIONS? Dual Income Streams? Short-Term Rental + Event Space? Owner-User Hybrid? Reposition as boutique retail, studio suites, or creative office? Capture appreciation as downtown continues to develop.LOCATION ? Steps from Vollis Simpson Whirligig Park (major tourist draw)? Steps From Wilson Stadium (Warbirds Stadium)? Surrounded by downtown revitalization projects, dining, and retail? Walk-ability = premium rent potential This isn't just a building--it's a cash-flow + appreciation play in a downtown that's actively being rediscovered.
Property is available with adjoining vacant lot, offering room for expansion, outdoor activation, or parking solutions. The property is well know for as a creative venue and residence, providing a range of potential income opportunities, including live/work leasing, boutique retail conversions, or short-term rental plays.
sale includes .11 Acre lot for future development
Welcome to one of downtown Wilson's most recognizable and creative spaces--the iconic Edge Building.This historic, century-old brick building has been thoughtfully restored and re-imagined into a vibrant hub for art, creativity, and modern urban living. Perfectly positioned in the heart of downtown, you're just steps from the energy of Whirligig Park and Warbirds Stadium, surrounded by Wilson's growing arts and cultural scene.? Lower Level: A striking, open art studio and gallery space--previously hosting popular art shows and exhibitions. Ideal for artists, entrepreneurs, creatives, or anyone wanting a one-of-a-kind commercial presence.? Upper Level: Private residential living quarters featuring character, charm, and a seamless blend of industrial and artistic design.This is more than a property--it's a live/work lifestyle where creativity and daily living naturally intersect. The building itself has long been part of Wilson's historic downtown fabric and now stands as a cornerstone of its evolving arts district. Location Highlights? Steps to Whirligig Park (nationally recognized landmark) and Brand New Wilson (Warbirds) Stadium? Walking distance to restaurants, coffee shops, and downtown events? Situated in Wilson's thriving and revitalized downtown district Would be Perfect For: ? Artist studio + residence? Gallery + event space? Creative office or boutique concept? Unique short-term rental or live/work investment Opportunities like this don't come around often.Own a piece of Wilson's history while stepping right into its creative future.ATTENTION INVESTORS!Positioned in the heart of downtown Wilson's active redevelopment corridor, the iconic Edge Building offers a rare mixed-use asset with immediate income potential and long-term upside.This live/work configuration gives investors multiple exit strategies and revenue streams--something you don't see often at this price point. OVERVIEW? Mixed-use: Commercial (lower level) + Residential (upper level)? Proven use case: Art studio, gallery events, creative space? Walk able downtown location with increasing foot traffic? Historic structure with strong character appeal (tenant draw)STRATEGY OPTIONS? Dual Income Streams? Short-Term Rental + Event Space? Owner-User Hybrid? Reposition as boutique retail, studio suites, or creative office? Capture appreciation as downtown continues to develop.LOCATION ? Steps from Vollis Simpson Whirligig Park (major tourist draw)? Steps From Wilson Stadium (Warbirds Stadium)? Surrounded by downtown revitalization projects, dining, and retail? Walk-ability = premium rent potential This isn't just a building--it's a cash-flow + appreciation play in a downtown that's actively being rediscovered.
Property is available with adjoining vacant lot, offering room for expansion, outdoor activation, or parking solutions. The property is well know for as a creative venue and residence, providing a range of potential income opportunities, including live/work leasing, boutique retail conversions, or short-term rental plays.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,614 SF
Building Class
C
Year Built/Renovated
1924/2018
Price
$1,225,000
Price Per SF
$265.50
Cap Rate
7.20%
NOI
$88,200
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.77
Lot Size
0.06 AC
Zoning
CCMX - Commercial Mixed-Use
Parking
130 Spaces (28.18 Spaces per 1,000 SF Leased)
Frontage
28’ on Barnes Street West
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3722-20-5668.000 | Improvements Assessment | $54,221 |
| Land Assessment | $10,395 | Total Assessment | $64,616 |
Property Taxes
Parcel Number
3722-20-5668.000
Land Assessment
$10,395
Improvements Assessment
$54,221
Total Assessment
$64,616
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127-129 Barnes St W

