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213 S Wright St 1,430 SF Retail Building Burgaw, NC 28425 $280,000 ($195.80/SF)
Investment Highlights
- Retail/Commercial Building in Downtown Burgaw
- B-1 Zoning
- Extensive Updates Since 2020
Executive Summary
Located in the heart of downtown Burgaw, this fully occupied retail property presents an excellent opportunity for both investors and owner-users. The building is 100% leased on a month-to-month basis, providing immediate cash flow while offering the flexibility for a future owner to occupy the space if desired.
The property features an open floor plan, two restrooms, and a spacious fenced backyard, creating a functional layout for a variety of retail, office, or service-oriented businesses.
Over the past six years, the property has benefited from several capital improvements, including:
Fencing (2021)
New siding (2021)
Exterior paint (2021)
Front Deck (2021)
Updated flooring (2020)
Whether you're looking for an investment with immediate income or a downtown location for your own business, this property offers a rare combination of flexibility, visibility, and recent updates in one of Burgaw's growing commercial corridors.
The property features an open floor plan, two restrooms, and a spacious fenced backyard, creating a functional layout for a variety of retail, office, or service-oriented businesses.
Over the past six years, the property has benefited from several capital improvements, including:
Fencing (2021)
New siding (2021)
Exterior paint (2021)
Front Deck (2021)
Updated flooring (2020)
Whether you're looking for an investment with immediate income or a downtown location for your own business, this property offers a rare combination of flexibility, visibility, and recent updates in one of Burgaw's growing commercial corridors.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,430 SF
Building Class
B
Year Built
2001
Price
$280,000
Price Per SF
$195.80
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.14 AC
Zoning
INCORP - Zone B1, Restaurant, Bar, Office, Retail, Flex Space
Frontage
39’ on Wright St
Amenities
- 24 Hour Access
- Fenced Lot
- Signage
- Storage Space
- Air Conditioning
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3229-32-2488-0000 | Total Assessment | $206,153 |
| Land Assessment | $7,065 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $199,088 | Tax Year | 2025 |
Property Taxes
Parcel Number
3229-32-2488-0000
Land Assessment
$7,065
Improvements Assessment
$199,088
Total Assessment
$206,153
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Photos
Street View
Street
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213 S Wright St
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