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3713 Nash St NW 6,137 SF 100% Leased Office Building Wilson, NC 27896 $900,000 ($146.65/SF) 8.50% Cap Rate



Executive Summary
Excellent investment or owner/user opportunity! This 6,137 SF two-story masonry multi-tenant office building was constructed in 2002 and features six (6) office suites and one (1) two-bedroom, 1.5-bath apartment. Located in a high-traffic area with outstanding visibility, this property offers strong income potential and flexibility for a variety of users. This property is zoned general commercial. The exterior was freshly painted at the end of 2024, giving the building a clean, updated look. Currently, one suite is vacant, making it ideal for an owner-occupant or as a sublease opportunity for additional income. The vacant suite is currently leased with up to a year remaining but the lease may be terminated for an owner occupant. Some existing leases are month-to-month but are willing to sign long-term leases, providing flexibility for future lease adjustments or tenant repositioning. Garages are heated and cooled and are included in the total square footage. Don't miss this versatile, income-producing property with the potential for both stable cash flow and future growth.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,137 SF
Building Class
B
Year Built/Renovated
2002/2017
Price
$900,000
Price Per SF
$146.65
Cap Rate
8.50%
NOI
$76,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,069 SF
Building FAR
0.24
Lot Size
0.59 AC
Zoning
GC
Parking
27 Spaces (4.4 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 3713-46-4307.000 | Improvements Assessment | $540,197 |
| Land Assessment | $179,900 | Total Assessment | $720,097 |
Property Taxes
Parcel Number
3713-46-4307.000
Land Assessment
$179,900
Improvements Assessment
$540,197
Total Assessment
$720,097
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3713 Nash St NW
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