111 Sunset Ave - Office/Residential FOR SALE


Asheboro, NC 27203
$499,000 USD
336-413-4475
111 Sunset Ave, Asheboro, NC for Sale
$499,000 USD
Office/Residential - FOR SALE
1/40
null | Request Cap Rate

111 Sunset Ave
Asheboro, NC 27203


OVERVIEW

Prime Investment Opportunity in Downtown Asheboro! Secure a strong income-producing property in the heart of Asheboro’s vibrant downtown that has been renovated top to bottom. This 3,875 sq ft two-story building on sought-after Sunset Avenue is fully leased with two established tenants — one on the main level and one upstairs. Both tenants are under modified gross leases, providing consistent rental income while keeping ownership expenses manageable. The property benefits from excellent visibility, steady foot traffic, and close proximity to downtown dining, shopping, and attractions, making it an ideal long-term hold. Brand new HVAC in 2024 and meticulous updates with stable tenants already in place- investors can step into immediate cash flow and future appreciation potential in this prime location. Don’t miss your chance to add a proven downtown asset to your portfolio.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

B3

APN/PARCEL ID

7751-82-0469

ASK ABOUT THIS PROPERTY

Jenna McKenzieMcKenzie Real EstateMore Info
336-413-4475

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Jenna McKenzieMcKenzie Real EstateMore Info
336-413-4475

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