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203 Gilmer St
Reidsville, NC 27320
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,500 SF
Building Class
C
Year Built
1922
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.96
Lot Size
0.06 AC
Zoning
CB/RD
Frontage
26’ on Gilmer St

About 203 GILMER ST , REIDSVILLE, NC 27320

In order to promote commercial activity downtown, the City of Reidsville is requesting proposals for the purchase and development of city-owned property at 203 Gilmer Street. The RFP contains a description of the property, description of the goals for the project, criteria set by the City of Reidsville for the ranking of proposals, and additional information about the site. The Property consists of one parcel (Rockingham County Parcel Number 154869) of approximately 2,537 square feet. The building on this parcel has a footprint of approximately 2,478 square feet (with a 26’ wide storefront on Gilmer Street). The current zoning of the Property is Central Business District, or CBD. Proposers should obtain additional zoning and development regulation information from the City of Reidsville. Built in 1900, for many years this building housed the Reidsville Camera Shop, with about 7,500 square feet of commercial space over three stories. It had fallen into disrepair and was on the verge of collapse. In 2012, the City of Reidsville obtained the property and stabilized the structure with steel beams and a new roof. None of the interior of the building was able to be preserved. (See Exterior and Interior Photos) This building is listed in the record of Reidsville’s National Historic District as a contributing structure. It is in the “heart of downtown” – adjacent to Mural Park, which hosts many downtown events, and next door to the nostalgic Rockingham Theatre. The Lucky City Co-Op Brewery is being developed on the opposite side of Gilmer. The three story building at 228 Gilmer Street will house a microbrewery on the first floor, with local nonprofit arts organizations leasing the upper two floors. The city is accepting only project proposals requiring renovation of the existing structure (not demolition).

Property Taxes

Property Taxes

Parcel Number
154869
Land Assessment
$13,953
Improvements Assessment
$29,643
Total Assessment
$43,596
  • Listing ID: 15144658

  • Date on Market: 2/11/2019

  • Last Updated:

  • Address: 203 Gilmer St, Reidsville, NC 27320

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