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207 W Main St 9,442 SF 100% Leased Retail Building Mayodan, NC 27027 $519,000 ($54.97/SF)
Investment Highlights
- Residential leased units
- Unique investment opportunity
- Commercial leased units
Executive Summary
Unbelievable Property Assortment in the charming town of Mayodan. This town is within close proximity to the I-73 corridor and is expanding at a rapid pace. Total offering consists of 8 income producing units. Street Front/level: features 4 commercially leased units to Beach House Grille, RoCo Wellness and the Barber Shop. 2nd Level Offers: 2 tenant occupied apartments (2BR,1BA) & (1BR,1BA), 1 unoccupied (2BR,1BA) completely renovated apartment that is turnkey, and 1500 sq ft unit that has been gutted and has endless potential. Property also includes a 37' x 24' Storage Building and a gravel parking area behind the buildings. Contact Listing Agent for additional details!
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,442 SF
Building Class
C
Year Built
1920
Price
$519,000
Price Per SF
$54.97
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.67
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
C-1 - Central Commercial District - C-1 District is to preserve the town's centrally located trade and commercial area.
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 120274 | Improvements Assessment | $97,785 |
| Land Assessment | $28,875 | Total Assessment | $126,660 |
Property Taxes
Parcel Number
120274
Land Assessment
$28,875
Improvements Assessment
$97,785
Total Assessment
$126,660
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207 W Main St
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