119 S 3rd St - Storefront FOR SALE


Smithfield, NC 27577
$1,100,000 USD
919-737-5742
119 S 3rd St, Smithfield, NC for Sale
$1,100,000 USD
Storefront - FOR SALE
1/49
null | Request Cap Rate

119 S 3rd St
Smithfield, NC 27577


HIGHLIGHTS

  • Downtown Location: Prime spot across from the Johnston County Courthouse in bustling downtown Smithfield.
  • Spacious & Updated: 7,200 sq. ft. of renovated space with new roof, HVAC (2021), electrical, and plumbing.
  • Historic Charm: Character-filled with weathered brick, large windows, and modern ADA-compliant bathrooms.
  • Versatile Space: Ideal for retail, a restaurant, or office space with a private office area.
  • Outdoor Patio: Potential for an inviting patio area blending interior style with street energy.
  • Nearby Amenities: Close to the Ava Gardner Museum, local shops, and only 30 minutes from Raleigh.

OVERVIEW

Nestled in the quaint heart of downtown Smithfield, this impeccable commercial offering graces the bustling streets across from the stately Johnston County Courthouse. With 7200 square feet of exquisitely renovated space, this property presents a tempting tableau for businesses that aspire to flourish. Historically, serving as The Twisted Willow, it boasts a fully updated framework featuring a new roof, new electricity updated plumbing, resplendent windows, and a state-of-the-art HVAC system installed in 2021. Weary of cookie-cutter premises? Delight in the charm of weathered bricks matched with contemporary, top-tier amenities including two updated American Disabilities Act-compliant bathrooms. Imagination meets opportunity in its expansive retail area and versatile space possibly transforming into a chic urban restaurant. Entrepreneurs will revel in an exclusive office space that allows one to manage operations amidst the pulse of city life. Additionally, its prospective outdoor patio offers an inviting al fresco experience, allowing a harmonious blend between interior refinement and the vibrant street scenes characteristic of Smithfield. Its bustling sidewalks swathed in the gentle southern charm invite an influx of potential patrons. Just a leisurely stroll away, the Ava Gardner Museum and 5th Street Community Garden add to the locale's cultural fabric. Should the need arise, modern conveniences are amply provided with the proximity to Whitley Grocery & Supply Inc., and health emergencies are swiftly tended to thanks to Johnston Medical School's close presence. This property is not just a building; it’s a beacon for potential and prosperity, an ideal canvass for entrepreneurs and visionaries poised to sculpt their next business masterpiece or culinary haven, all within a mere 30 minutes from Raleigh. Keep this opportunity in your sights – a place where business aspirations align with premier localization and craftsmanship.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

CROSS STREETS

E Market St

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

COM

APN/PARCEL ID

15025011

ASK ABOUT THIS PROPERTY

Hershal PleasantTriangle Commercial Real EstateMore Info
919-737-5742

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Hershal PleasantTriangle Commercial Real EstateMore Info
919-737-5742

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