1202 S Main St - Office/Residential FOR SALE


Graham, NC 27253
$1,450,000 USD
336-494-1018
1202 S Main St, Graham, NC for Sale
$1,450,000 USD
Office/Residential - FOR SALE
1/4
null | Request Cap Rate

1202 S Main St
Graham, NC 27253


HIGHLIGHTS

  • Lots of road frontage. High traffic, high visibility location.

OVERVIEW

Block and Steel office building already subdivided into 3 areas suitable for renting. Includes property to the rear and side of the office which effectively gives the owner considerable road frontage at a very busy intersection. heetz moved in across the street due to the very busy intersection. New commercial construction is going on at the adjacent corner. The area is building up fast. The three combined lots give the owner a large lot with lots of traffic exposure. The building was renovated a few years ago with new flooring, new HVAC, a large 20x20 conference room, new paint inside and out, etc. It is move in ready for the right tenant or could be a great investment property. The house on the right side of the property is available for rent and produces roughly $1,200 per month income. The house behind the office is used for overflow storage. It is not suitable for habitation. However, the value is in the main building and the land/location. A brand new 250+ unit housing development is under construction behind the office. This should significantly increase the population density of this area even further. NOTE: The ComTech business is NOT for sale. We are simply going to relocate to a larger building.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$322 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,504 SF

ZONING

B 2

APN/PARCEL ID

144357

ASK ABOUT THIS PROPERTY

Michael FarlowComTech Network SolutionsMore Info
336-494-1018

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

Michael FarlowComTech Network SolutionsMore Info
336-494-1018

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