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223 S Scales St 4,813 SF Retail Building Reidsville, NC 27320 $320,000 ($66.49/SF)
Investment Highlights
- Heavy Daytime foot traffic
- Open and functional floor plan
- Lots of renters in need for retail spaces if purchased in package
Executive Summary
Event Space! Check out 3D Virtual Tour! This Building is suited up with new HVAC system throughout. Updated electrical panels, ingress and egress with side street parking updated roof. Office space and kitchenette. Seller is open to negotiating business portion with event which would include but not limited to DJ system, Live video broadcasting, lights, Band tour contracts and contacts, vendor lists, tables, chairs, and sound systems. This building will be deeded off separately the other 2 store fronts (219 &221) seller willing to provide a package deal for all THREE addresses. Seller has easement rights to back ally, will negotiate in with the purchase of all 3 addresses.
Each address qualifies for a CITY GRANT every 2 years to use on one or all of the properties as you please.
One of the spaces are rented to a tattoo shop bringing in an income of 800/ month
The other space is zoned for retail ready to bring income
The event space can easily be turned into a restaurant or keep as an event space or combo of both
Each address qualifies for a CITY GRANT every 2 years to use on one or all of the properties as you please.
One of the spaces are rented to a tattoo shop bringing in an income of 800/ month
The other space is zoned for retail ready to bring income
The event space can easily be turned into a restaurant or keep as an event space or combo of both
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,813 SF
Building Class
C
Year Built
1920
Price
$320,000
Price Per SF
$66.49
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.35 AC
Zoning
CB/RD - Commercial Business
Parking
4 Spaces (0.83 Spaces per 1,000 SF Leased)
Frontage
54’ on S Scales St
Amenities
- Conferencing Facility
- Restaurant
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Property Taxes
| Parcel Number | 154884 | Improvements Assessment | $71,754 |
| Land Assessment | $55,676 | Total Assessment | $127,430 |
Property Taxes
Parcel Number
154884
Land Assessment
$55,676
Improvements Assessment
$71,754
Total Assessment
$127,430
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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223 S Scales St
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