103 W Anderson St - Restaurant FOR SALE


Selma, NC 27576
$174,900 USD
919-696-9094
103 W Anderson St, Selma, NC for Sale
$174,900 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

103 W Anderson St
Selma, NC 27576


HIGHLIGHTS

  • Historic property on the National Register of Historic Places
  • Located within a federally designated Opportunity Zone
  • Ideal for mixed-use, retail, o?ce, restaurant, or creative redevelopment

OVERVIEW

Located in the heart of downtown Selma, 103 W. Anderson Street presents a unique redevelopment opportunity for investors seeking long-term upside in one of Johnston County’s growing markets. Built in 1925, this historic commercial property is registered within the National Register of Historic Places and is located in a federally designated Opportunity Zone, potentially o?ering valuable tax advantages for qualified investors. Zoned CB (Central Business), the property allows for a variety of commercial or mixed-use redevelopment possibilities. The building has already been demoed to shell condition, creating a blank slate for redevelopment while preserving its historic character. Seller-provided materials include structural design plans and limited structural inspection reports for the wood framing and masonry. Selma continues to see growth driven by its proximity to the Raleigh market, expanding residential development, and ongoing downtown revitalization e?orts. Area demographics project continued population and household growth, supporting long-term investment potential.

FOR SALE DETAILS

PRICE

$174,900 USD

PRICE/SF

$134 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

S Pollock St

LAND ACRES

0.03 AC

LAND SF

1,363 SF

ZONING

COM

APN/PARCEL ID

14028015A

ASK ABOUT THIS PROPERTY

Adam Capani, CCIMPartners Commercial Realty, LLCMore Info
919-696-9094

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Adam Capani, CCIMPartners Commercial Realty, LLCMore Info
919-696-9094

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