720 W Main St - Medical FOR SALE


Jamestown, NC 27282
$1,070,000 USD
336-882-8165
720 W Main St, Jamestown, NC for Sale
$1,070,000 USD
Medical - FOR SALE
1/17
null | 5.57% Cap Rate

NEW


720 W Main St
Jamestown, NC 27282


HIGHLIGHTS

  • Immediate in-place income
  • Significant potential upside
  • Prominent street frontage with strong daily traffic counts

OVERVIEW

This beautiful property consists of six office spaces across three different buildings, a red building, a yellow building, and a green building. Four of the office spaces are leased, providing immediate in-place income, and two of are vacant, offering significant potential upside. The leased offices include a dentist office, a healthcare office, a law office, and a space used for social gatherings. This asset is well-suited for investors seeking a balanced profile of current yield and future growth potential. In-place NOI: $59,564.86.

FOR SALE DETAILS

PRICE

$1,070,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

5.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1834

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

William CridlebaughAtlantic Insurance & Realty CoMore Info
336-882-8165

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William CridlebaughAtlantic Insurance & Realty CoMore Info
336-882-8165

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