119 W Main St - Freestanding FOR SALE


Youngsville, NC 27596
$875,000 USD
919-270-8230
119 W Main St, Youngsville, NC for Sale
$875,000 USD
Freestanding - FOR SALE
1/28
null | Request Cap Rate

119 W Main St
Youngsville, NC 27596


OVERVIEW

Located in the heart of Youngsville's Main Street District, this property is visible to over 16,000 vehicles per day (NCDOT AADT 2023), and features plenty of on-property parking, a second floor apartment, and a separate 780sf storage building/workshop. Recently renovated (2024) with new flooring, addition of ductless split HVAC to enclosed reach porch to create more conditioned space, and upgrades to foundation structure. With strong local household income of over $115k (2024), and projected five year growth of over 20%, 119 West Main Street is positioned for success. From Youngsville - Article 8 - Districts - Amended 11-9-23: "The Main Street District (MS) provides for new development, revitalization, reuse, and infill development in Youngsville’s core downtown. A broad array of uses is listed to enable the needs of residents and visitors to be met. Allowed building/lot types in this Youngsville Development Ordinance - Article 8 – Page 3 district are Urban Workplace, Shop-front, Attached House, Multi-family Building, and Civic Building. The development pattern seeks to integrate shops, restaurants, services, workplaces, civic, educational, and higher density housing in a compact, pedestrian oriented environment. The Main Street District serves as the hub of the surrounding neighborhoods and of the broader community. "

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,129 SF

ZONING

MSBD

APN/PARCEL ID

004493

ASK ABOUT THIS PROPERTY

Bill BoydBoyd Brokerage Associates, LLCMore Info
919-270-8230

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Bill BoydBoyd Brokerage Associates, LLCMore Info
919-270-8230

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