105 W Main St - Office FOR SALE


Elkin, NC 28621
$749,000 USD
336-366-9212
105 W Main St, Elkin, NC for Sale
$749,000 USD
Office - FOR SALE
1/24
null | Request Cap Rate

105 W Main St
Elkin, NC 28621


HIGHLIGHTS

  • Heart of Historic Downtown Elkin
  • Income producing property with 2 lofts apts, and a main level retail/office
  • Potential for additional rental income from basement

OVERVIEW

Located in the heart of Historic Downtown Elkin at 105 W. Main Street, this distinguished two-story brick commercial building blends architectural character with modern mixed-use functionality. Old photographs suggest the structure may date as early as 1905, and it was certainly in existence by the late 1930s when it operated as a hardware store. The 1915 Sanborn Map confirms its early commercial use. Architecturally, the building remains one of the more intact facades on Main Street, featuring classical cast-iron pilasters, a deeply recessed entrance, double-leaf doors, and a luxor-prism transom. The second story is divided into three bays with round-arched windows and stone keystones, while the upper façade showcases three slightly recessed panels accented with diamond-shaped stone details. Today, the main level—approximately 2,986 square feet—is home to an upscale antique store with strong street visibility and walkable appeal. The second level includes two loft-style apartments totaling approximately 2,375 square feet, offering excellent residential income potential or owner-occupant flexibility. The 2,250-square-foot basement, accessible from both the rear alley and interior retail space, features concrete floors, two older restrooms, and versatile unfinished space ideal for storage, workshop use, or future improvements. The building is heated and cooled by electric heat pumps, has a new roof, and natural gas is available in the rear alley. This property presents a rare opportunity to own a partially owner-occupied building or investment asset in one of Elkin’s most vibrant and historic downtown corridors. Call for rental information and additional details.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$158 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ferraro Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

DMX

APN/PARCEL ID

4951-14-42-0696

ASK ABOUT THIS PROPERTY

Robert BallUnderdown, Ball & Associates, LLCMore Info
336-366-9212

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Robert BallUnderdown, Ball & Associates, LLCMore Info
336-366-9212

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