806 S Main St - Retail FOR SALE


Louisburg, NC 27549
$418,000 USD
919-272-5208
806 S Main St, Louisburg, NC for Sale
$418,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

806 S Main St
Louisburg, NC 27549


HIGHLIGHTS

  • Standalone commercial building
  • Visible S. Main Street location
  • Zoned B-3 Neighborhood Business

OVERVIEW

806 S. Main Street + 100 Bunn Road Combined Asking Price: $418,000 Unique opportunity to purchase two adjoining or closely situated properties in Louisburg: an established commercial property on South Main Street and a separate residentially zoned lot on Bunn Road. 806 S. Main Street — Commercial Property Approximately 1,320-square-foot commercial building situated on an approximately 9,932-square-foot lot, or about 0.23 acre. The property is zoned B-3 Neighborhood Business and may be suitable for a variety of neighborhood-oriented uses, subject to Town approval, including: * Professional office * Retail or specialty shop * Small neighborhood market * Mexican or international grocery store * Daycare or childcare facility * Beauty salon or barber shop * Medical, wellness or service-based office * Boutique, studio or showroom * Certain storage-related uses The property is not being marketed for a car dealership, auto repair shop, mechanic shop or tire business. Alcohol and tobacco sales are not being represented as approved uses. 100 Bunn Road — Residential Lot Separate residential lot containing approximately 0.22 to 0.23 acre, or about 10,000 square feet. The Town has confirmed the parcel is zoned R-2 Residential. It may offer an opportunity for residential development, subject to zoning, setbacks, utility requirements and final approval by the Town of Louisburg. Public water and sewer are not currently connected directly to the lot. Utility connections may need to be extended from the street behind the property, believed to be the Kenmore Avenue side. The buyer should confirm the exact connection location, extension cost, tap fees and development requirements directly with the Town. Property Highlights * Two separate parcels offered together * Commercial building with South Main Street visibility * Separate R-2 residential lot * Approximately 0.45 acre combined * Potential opportunity for an owner-user, investor or developer * Convenient location near downtown Louisburg * Seller will consider reasonable offers Combined Asking Price: $418,000 All property measurements, zoning classifications, permitted uses, utility locations and development possibilities should be independently verified by the buyer with the Town of Louisburg and Franklin County before closing.

FOR SALE DETAILS

PRICE

$418,000 USD

PRICE/SF

$317 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

B3 - and R2 For sale

PROPERTY TYPE

Retail

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

B 3

APN/PARCEL ID

018748

ASK ABOUT THIS PROPERTY

Lisa FernandezZenith FlooringMore Info
919-272-5208

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Lisa FernandezZenith FlooringMore Info
919-272-5208

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