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42 N Main St
Wendell, NC 27591
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
11,386 SF
Building Class
C
Year Built
1952
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.84
Lot Size
0.31 AC
Zoning
DMX - Downtown Mixed Use
Frontage
Amenities
- Signage
About 42 N MAIN ST , WENDELL, NC 27591
Three tenant building in downtown Wendell. Two of the tenants have been there since at least the late 1980's! 11,386 square feet transfers as fee simple, and an additional 16,229 square feet of attached warehouse space will transfer via a 99 year lease. Pro forma 2018 NOI of $38,513, based on 2017 expenses. Florist space was recently vacated and we are expecting another local florist to take the space at $1,250 per month. New warehouse roof in June 2018.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,129,721 | |
| Land Assessment | $202,397 | Total Assessment | $1,332,118 |
Property Taxes
Parcel Numbers
Land Assessment
$202,397
Improvements Assessment
$1,129,721
Total Assessment
$1,332,118
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