100-102 Gilmer St - Storefront Retail/Office FOR SALE


Reidsville, NC 27320
$380,000 USD
336-987-0808
100-102 Gilmer St, Reidsville, NC for Sale
$380,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | Request Cap Rate

100-102 Gilmer St
Reidsville, NC 27320


HIGHLIGHTS

  • Downtown Location — Prime location in downtown Reidsville with strong visibility, foot traffic, and excellent storefront presence.
  • Historic Character — Classic brick building with soaring ceilings and timeless architecture full of charm and redevelopment potential.
  • Major Upgrades Done — Newer roof and HVAC already in place, reducing upfront capital needs for investors or owner-users.
  • Flexible Use Potential — Ideal for retail, office, restaurant, event venue, or mixed-use redevelopment opportunities.
  • Tax Credit Opportunity — Potential historic tax credits may add significant value for buyers planning renovation or adaptive reuse.
  • For additional information please contact broker Jason E. Smith at (336) 709-6745.

OVERVIEW

NAI Piedmont Triad is pleased to present 100–102 Gilmer Street, a compelling investment and redevelopment opportunity located in the heart of downtown Reidsville, North Carolina. This historic property offers a rare combination of character, visibility, and flexibility, making it an attractive opportunity for investors, developers, and owner-users seeking value-add potential in a growing downtown market. This classic brick building showcases timeless architectural character, including high ceilings, large windows, and the kind of historic charm that is increasingly difficult to find in today’s market. The property offers excellent bones for adaptive reuse and is well suited for a variety of uses including retail, office, restaurant, entertainment, creative workspace, or mixed-use redevelopment. Significant capital improvements have already been completed, including major building system upgrades such as roof and HVAC, helping reduce immediate renovation costs and improving overall project feasibility. Strategically positioned in downtown Reidsville, the property benefits from strong street presence, convenient access, and proximity to local businesses, restaurants, government offices, and community amenities. Its location places it within an area seeing continued revitalization and growing interest from entrepreneurs and investors alike. For buyers focused on redevelopment, the property may also offer potential access to historic preservation incentives or tax credits, creating additional upside and enhancing long-term value. Whether you are seeking a unique owner-user opportunity, an adaptive reuse project, or a long-term investment in a revitalizing downtown corridor, 100–102 Gilmer Street offers exceptional potential to create value in one of Rockingham County’s most recognizable commercial corridors.

FOR SALE DETAILS

PRICE

$380,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

CROSS STREETS

SW Market Street

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CB/RD

APN/PARCEL ID

154923

ASK ABOUT THIS PROPERTY

Phil TockmanNAI Piedmont TriadMore Info
336-987-0808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Phil TockmanNAI Piedmont TriadMore Info
336-987-0808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.