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201 W Morgan St/Watson Bldg 201 W Morgan St 19,459 SF Office Building Wadesboro, NC 28170 $40,000 ($2.06/SF)



Investment Highlights
- Prominent corner location in Uptown Wadesboro.
- Elevator serves multiple floors within the property.
- Flexible layout supports a variety of commercial uses.
- Three-story commercial building constructed in 1926.
- Portions of the main level have been renovated.
- Offered through a reserve auction process.
Executive Summary
Discover the potential of 201 W Morgan Street, a substantial commercial property on a prominent corner in Uptown Wadesboro. Offering 19,459 square feet, this property presents an excellent opportunity for investors, developers, entrepreneurs, or owner-users. Originally constructed in 1926, the building offers character and a flexible layout for a variety of commercial or redevelopment possibilities. Portions of the main level have undergone renovations, with additional areas ready for customization. Potential uses include offices, retail, mixed commercial space, or redevelopment. Bid online or live in person September 17th at 11 AM. Previews: August 31st and September 15th, 10 AM-1 PM. Visit rogersauctiongroup.com for details, terms, and online bidding. All information taken from tax card and appraisal; prospective buyers should verify ALL information and due diligence. Power is currently off. List Price reflects starting bid.
Bid online or live in person on September 17th at 11:00 AM. Previews: August 31st and September 15th from 10 AM-1 PM. Visit rogersauctiongroup.com for complete auction details, terms, and online bidding. All information taken from tax card and appraisal, prospective buyers to verify ALL information and due diligence. Power is currently off. Roof does leak water along back wall. List Price reflects starting bid.
Bid online or live in person on September 17th at 11:00 AM. Previews: August 31st and September 15th from 10 AM-1 PM. Visit rogersauctiongroup.com for complete auction details, terms, and online bidding. All information taken from tax card and appraisal, prospective buyers to verify ALL information and due diligence. Power is currently off. Roof does leak water along back wall. List Price reflects starting bid.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
19,459 SF
Building Class
C
Year Built
1926
Price
$40,000
Price Per SF
$2.06
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
9,230 SF
Building FAR
1.91
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
CB - Commercial Business
Parking
6 Spaces (0.28 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 6474-15-64-9011-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $342,600 |
Property Taxes
Parcel Number
6474-15-64-9011-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$342,600
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Contact the Sale Advisor
201 W Morgan St/Watson Bldg | 201 W Morgan St
