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Downtown Goldsboro Flex Space 312 N Center St 10,032 SF Vacant Retail Building Goldsboro, NC 27530 $725,000 ($72.27/SF)
Investment Highlights
- Warehouse
- high visibility
- flex office space
Executive Summary
A rare opportunity to acquire a high-visibility, 10,032 SF landmark asset at the strategic epicenter of Goldsboro’s CBD revitalization. This property represents a low-basis entry into a rapidly appreciating submarket, offering a unique "Flex-Core" configuration that allows for immediate cash flow or a high-yield adaptive re-use conversion.
Investment Highlights
Strategic Market Arbitrage: Purchase a significant footprint in the downtown core at a price-per-square-foot significantly below replacement cost.
Dual-Income Potential: The 1937 classic-brick structure features a professional "Class A" office frontage for high-rent client-facing operations, seamlessly integrated with a massive open-span warehouse for high-volume inventory or boutique production.
Value-Add Catalyst: Ideal for a Triple-Net (NNN) conversion or a creative multi-tenant "Split-Risk" model, capturing the rising demand for downtown "Last-Mile" logistics and boutique commercial space.
Historic Capital Preservation: The building’s 1937 industrial character qualifies it as a candidate for potential Historic Tax Credits and local facade grants, offering immediate tax mitigation and CapEx offsets.
Investment Highlights
Strategic Market Arbitrage: Purchase a significant footprint in the downtown core at a price-per-square-foot significantly below replacement cost.
Dual-Income Potential: The 1937 classic-brick structure features a professional "Class A" office frontage for high-rent client-facing operations, seamlessly integrated with a massive open-span warehouse for high-volume inventory or boutique production.
Value-Add Catalyst: Ideal for a Triple-Net (NNN) conversion or a creative multi-tenant "Split-Risk" model, capturing the rising demand for downtown "Last-Mile" logistics and boutique commercial space.
Historic Capital Preservation: The building’s 1937 industrial character qualifies it as a candidate for potential Historic Tax Credits and local facade grants, offering immediate tax mitigation and CapEx offsets.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,032 SF
Building Class
C
Year Built
1937
Price
$725,000
Price Per SF
$72.27
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
GB-GB - Permitted "By-Right" Uses: Many high-intensity uses that require special permits in other zones are allowed here by-right.
Parking
25 Spaces (2.49 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 8,155 SF
- Retail
- Outparcel
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 8,155 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 8,155 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Downtown Goldsboro Flex Space | 312 N Center St
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