125 N Main St - Freestanding FOR SALE


Red Springs, NC 28377
$149,900 USD
910-485-7800
125 N Main St, Red Springs, NC for Sale
$149,900 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

125 N Main St
Red Springs, NC 28377


HIGHLIGHTS

  • High Traffic Count 12000 AADT
  • Adjacent lot also for sale.

OVERVIEW

Located in the heart of downtown Red Springs, this building has been located on the main street of Red Springs for well over 100 years. Unfortunately, time has taken its toll on this 3300 sq. ft. solid masonry structure. North Main Street in Red Springs consists of NC Hwy 71, 211, and 710. Traffic at this location picks up before sunrise each day and remains steady throughout the day and well into the night. The lot size is a 9268 sq. ft. rectangle and measures approximately 66.75 linear ft. along Main St. The lot extends 137 50 linear ft. to a 20 ft paved alley located behind the existing building and connects to the large parking lot adjacent the fire station located next door. All the property located to the south of this parcel is also currently for sale and could be combined with this parcel for over 200 linear ft. of road frontage along the Main Street of Red Springs.

FOR SALE DETAILS

PRICE

$149,900 USD

PRICE/SF

$50 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

Convenience Store, Restaurant, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

CB

APN/PARCEL ID

3605-02-041

ASK ABOUT THIS PROPERTY

Justin KirkCentury 21 - The Realty GroupMore Info
910-485-7800

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Justin KirkCentury 21 - The Realty GroupMore Info
910-485-7800

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