435-439 Main St - Apartments FOR SALE


Tarboro, NC 27886
$1,300,000 USD
252-641-1916
435-439 Main St, Tarboro, NC for Sale
$1,300,000 USD
Apartments - FOR SALE
1/4
null | 5.84% Cap Rate

435-439 Main St
Tarboro, NC 27886


HIGHLIGHTS

  • Mixed-use asset featuring 11 apartments and six retail storefronts.
  • Prominent corner location at Main Street and Church Street.
  • Established downtown tenant roster includes retail and dining operators.

OVERVIEW

The Bridgers Building presents an opportunity to acquire a mixed-use investment property located at the intersection of Main Street and Church Street in Historic Downtown Tarboro, North Carolina. Positioned on a prominent corner within the downtown commercial district, the property combines residential and retail income streams within a landmark building that serves as a focal point of the surrounding business community. The property consists of 11 residential apartment units and six commercial storefronts, creating diversified tenancy and multiple revenue sources. Residential units feature a variety of floor plans and are equipped with appliances, including in-unit washers and dryers. Several residences incorporate townhome-style layouts that reflect the building’s historic architectural character while supporting modern residential occupancy. The ground and basement-level retail spaces benefit from frontage along one of Downtown Tarboro’s established commercial corridors. Existing tenants include Tarboro Coffee House, Church Street Tap & Deli, and Christina Valentine Photography. The property's combination of residential occupancy and street-level commercial activity provides a mixed-use operating profile supported by an established downtown environment. Located within the center of Tarboro’s historic business district, the asset benefits from proximity to local retailers, restaurants, professional services, government offices, and community amenities that support both residential and commercial demand. The building’s historic character, corner location, and established tenant base contribute to its position within the downtown marketplace. The offering is marketed at $1,300,000.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$43 USD /SF

# OF UNITS

11

PRICE/UNIT

$118,182

CAP RATE

5.84%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bridgers Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

B-1

APN/PARCEL ID

4738-35-9036-00

ASK ABOUT THIS PROPERTY

Mary HavilandBridgers Building 2012, IncMore Info
252-641-1916

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Mary HavilandBridgers Building 2012, IncMore Info
252-641-1916

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