Log In/Sign Up
Your email has been sent.
641 Washington St
Eden, NC 27288
Retail Property For Sale
Investment Highlights
- NNN lease
- Bulk Deal on the same strip
- rent increase opportunity
- All appliances convey
Executive Summary
Prime 9 residential units and one flex retail space in the downtown location, steady foot traffic, and established tenants create a strong foundation for cash flow, while residential units provide consistent rental income with opportunity to raise rental rates. Take advantage of the opportunity to get a bulk deal with up to FOUR buildings on the same strip. All mixed-use properties that offer flexibility, stability, and room for growth.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,234 SF
Building Class
C
Year Built
1930
Price
$1,325,000
Price Per SF
$183.16
Cap Rate
7.50%
NOI
$99,375
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.85
Lot Size
0.09 AC
Zoning
BC/ED - Business
Parking
20 Spaces (2.76 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 137555 | Improvements Assessment | $186,005 |
| Land Assessment | $23,500 | Total Assessment | $209,505 |
Property Taxes
Parcel Number
137555
Land Assessment
$23,500
Improvements Assessment
$186,005
Total Assessment
$209,505
1 of 23
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
