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1505 E Ash St 2,182 SF 8% Leased Office Building Goldsboro, NC 27530 $635,000 ($291.02/SF) 1% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Large Reception area
  • Full bathroom and 1/2 bath upstairs
  • 9 Spacious offices, 6 offices 1st floor / 3 offices 2nd floor

EXECUTIVE SUMMARY

Well-maintained stand-alone brick office building featuring nine private offices and a large reception area ideal for professional, medical, or administrative use. The property offers on-site parking with a small rear parking lit plus two front parking spaces, all accessible via a shared driveway for easy ingress and egress. Solid brick construction, efficient layout, and strong street presence make this a versatile space ready for immediate occupancy. Perfect for businesses seeking a private, self-contained office setting in a convenient location.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

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

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

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

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Building Size
2,182 SF
Building Class
C
Year Built
1946
Price
$635,000
Price Per SF
$291.02
Cap Rate
1%
NOI
$6,350
Percent Leased
8%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,091 SF
Building FAR
0.21
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
O&I - Permitted uses are professional offices or business offices, institutional uses and other non-retail office-type uses. I.E. Lawyer, real estate, etc.
Parking
9 Spaces (6 Spaces per 1,000 SF Leased)

AMENITIES

  • Air Conditioning
  • Listing ID: 38596321

  • Date on Market: 11/28/2025

  • Last Updated:

  • Address: 1505 E Ash St, Goldsboro, NC 27530

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