202 Turner Dr
Reidsville, NC 27320
Auction:12/4 - 12/6: Absolute Auction - Forme · Retail Property For Sale

Property tours are available on Monday, November 27th, and Tuesday, November 28th, from 10:00a to 3:00p. Please contact Gregg Broujos to schedule at gregg.broujos@colliers.com or 412-321-4200. Investment Highlights: Absolute Auction - 1st Bid meets Reserve! ñ8,554 SF Former First National Bank Branch in Reidsville (Greensboro/Winston-Salem MSA) Owner-operator opportunity or value-add through lease-up at market rates or redevelopment Located on a ñ1.6 AC site with 43 onsite parking spaces Great location adjacent to Penrose Mall and Southwood Village Shopping Center Located within Rockingham with easy access and visibility 2017 Avg HH Income of ñ$51,439 within a 5-mile radius Investment Overview: The Former First National Bank in Reidsville is a vacant former banking facility located at 202 Turner Drive in Reidsville, NC, within the Greensboro/Winston-Salem MSA. This former First National Bank is ideal for owner occupants with an immediate need for retail/office space or for investors seeking significant value-add through lease-up at market rates. Situated on a ñ1.6 AC parcel, the Property was built in the late 1988 and contains a one-story, ñ8,554 SF building with a Situated on a ñ1.6 AC parcel, the Property was built in the late 1988 and contains a one-story, ñ8,554 SF building with a basement and ground mounted HVAC units. The Property has excellent visibility, multiple points of ingress/egress, and offers customers 3 drive thru teller lanes, drive up ATM and 43 surface parking spaces. The Property is zoned B-G, Business General, in which the principal use of the land is to provide retailing of goods/services adjacent to the CBD. Reidsville was incorporated in 1873 and is located near the center of Rockingham County. Rockingham County, North Carolina is nestled in the gently rising foothills of the Blue Ridge Mountains and cradled between the power centers of Greensboro, Raleigh, Durham and Charlotte. Rockingham County offers a strategic location and superior logistics being just 25 minutes from Greensboro, and just 2 hours from Charlotte and Raleigh/Durham, with a booming consumer market of 4.9 million within a 90-minute drive, two global ports within 4.5 hours, and two-thirds of all domestic markets within a day's drive. Tobacco was a mainstay of the local economy for many years, with the history of the City tightly woven with that of