119 W Main St - Storefront Retail/Office FOR SALE


Elkin, NC 28621
$970,000 USD
336-258-2576
119 W Main St, Elkin, NC for Sale
$970,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | 8.45% Cap Rate

119 W Main St
Elkin, NC 28621


OVERVIEW

One of two exceptional opportunities to acquire a stabilized commercial property in Downtown Elkin. This historic building was fully renovated in 2014, and has since been home to an established business with lease in place through 2026 with interest in renewal. This investment provides immediate and reliable cash flow with a cap rate exceeding 8%. Listing agent is employee of Seller.

FOR SALE DETAILS

PRICE

$970,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

8.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Historic Holcomb Bros Bldg

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

DMX

APN/PARCEL ID

4951-14-32-9613

ASK ABOUT THIS PROPERTY

Claire St. CyrThe Bonanza GroupMore Info
336-258-2576

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Claire St. CyrThe Bonanza GroupMore Info
336-258-2576

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