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B3 - and R2 For sale 806 S Main St 1,320 SF Retail Building Louisburg, NC 27549 $418,000 ($316.67/SF)



Investment Highlights
- Standalone commercial building
- Zoned B-3 Neighborhood Business
- Visible S. Main Street location
Executive Summary
806 S. Main Street + 100 Bunn Road
Combined Asking Price: $418,000
Unique opportunity to purchase two adjoining or closely situated properties in Louisburg: an established commercial property on South Main Street and a separate residentially zoned lot on Bunn Road.
806 S. Main Street — Commercial Property
Approximately 1,320-square-foot commercial building situated on an approximately 9,932-square-foot lot, or about 0.23 acre.
The property is zoned B-3 Neighborhood Business and may be suitable for a variety of neighborhood-oriented uses, subject to Town approval, including:
* Professional office
* Retail or specialty shop
* Small neighborhood market
* Mexican or international grocery store
* Daycare or childcare facility
* Beauty salon or barber shop
* Medical, wellness or service-based office
* Boutique, studio or showroom
* Certain storage-related uses
The property is not being marketed for a car dealership, auto repair shop, mechanic shop or tire business. Alcohol and tobacco sales are not being represented as approved uses.
100 Bunn Road — Residential Lot
Separate residential lot containing approximately 0.22 to 0.23 acre, or about 10,000 square feet.
The Town has confirmed the parcel is zoned R-2 Residential. It may offer an opportunity for residential development, subject to zoning, setbacks, utility requirements and final approval by the Town of Louisburg.
Public water and sewer are not currently connected directly to the lot. Utility connections may need to be extended from the street behind the property, believed to be the Kenmore Avenue side. The buyer should confirm the exact connection location, extension cost, tap fees and development requirements directly with the Town.
Property Highlights
* Two separate parcels offered together
* Commercial building with South Main Street visibility
* Separate R-2 residential lot
* Approximately 0.45 acre combined
* Potential opportunity for an owner-user, investor or developer
* Convenient location near downtown Louisburg
* Seller will consider reasonable offers
Combined Asking Price: $418,000
All property measurements, zoning classifications, permitted uses, utility locations and development possibilities should be independently verified by the buyer with the Town of Louisburg and Franklin County before closing.
Combined Asking Price: $418,000
Unique opportunity to purchase two adjoining or closely situated properties in Louisburg: an established commercial property on South Main Street and a separate residentially zoned lot on Bunn Road.
806 S. Main Street — Commercial Property
Approximately 1,320-square-foot commercial building situated on an approximately 9,932-square-foot lot, or about 0.23 acre.
The property is zoned B-3 Neighborhood Business and may be suitable for a variety of neighborhood-oriented uses, subject to Town approval, including:
* Professional office
* Retail or specialty shop
* Small neighborhood market
* Mexican or international grocery store
* Daycare or childcare facility
* Beauty salon or barber shop
* Medical, wellness or service-based office
* Boutique, studio or showroom
* Certain storage-related uses
The property is not being marketed for a car dealership, auto repair shop, mechanic shop or tire business. Alcohol and tobacco sales are not being represented as approved uses.
100 Bunn Road — Residential Lot
Separate residential lot containing approximately 0.22 to 0.23 acre, or about 10,000 square feet.
The Town has confirmed the parcel is zoned R-2 Residential. It may offer an opportunity for residential development, subject to zoning, setbacks, utility requirements and final approval by the Town of Louisburg.
Public water and sewer are not currently connected directly to the lot. Utility connections may need to be extended from the street behind the property, believed to be the Kenmore Avenue side. The buyer should confirm the exact connection location, extension cost, tap fees and development requirements directly with the Town.
Property Highlights
* Two separate parcels offered together
* Commercial building with South Main Street visibility
* Separate R-2 residential lot
* Approximately 0.45 acre combined
* Potential opportunity for an owner-user, investor or developer
* Convenient location near downtown Louisburg
* Seller will consider reasonable offers
Combined Asking Price: $418,000
All property measurements, zoning classifications, permitted uses, utility locations and development possibilities should be independently verified by the buyer with the Town of Louisburg and Franklin County before closing.
Property Facts
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Building Size
1,320 SF
Building Class
C
Year Built
1970
Price
$418,000
Price Per SF
$316.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.23 AC
Zoning
B 3 - he property consists of approximately 1,320 square feet situated on a 9,932-square-foot (0.23-acre) lot and is zoned B-3 Neighborhood Business.
Amenities
- Corner Lot
- Wheelchair Accessible
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 018748 | Improvements Assessment | $152,820 |
| Land Assessment | $94,620 | Total Assessment | $247,440 |
Property Taxes
Parcel Number
018748
Land Assessment
$94,620
Improvements Assessment
$152,820
Total Assessment
$247,440
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B3 - and R2 For sale | 806 S Main St
