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106 Gilmer St
Reidsville, NC 27320

Retail Property For Sale

Investment Highlights

  • Downtown location, very walkable with plenty of foot traffic
  • Lots of natural light

Executive Summary

Prime investment opportunity in downtown Reidsville. Great building, well cared for, renovated in 2009.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,478 SF
Building Class
C
Year Built
1922
Price
$790,583 CAD
Price Per SF
$83 CAD
Cap Rate
6.21%
NOI
$49,083 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
14’
Building FAR
1.09
Lot Size
0.20 AC
Zoning
CB/RD
Parking
6 Spaces (0.63 Spaces per 1,000 SF Leased)
Frontage
76 ft on Gilmer St

Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 154908
  • 154923
Land Assessment
$49,829 CAD
Improvements Assessment
$252,551 CAD
Total Assessment
$302,379 CAD
  • Listing ID: 31520569

  • Date on Market: 2024-04-16

  • Last Updated:

  • Address: 106 Gilmer St, Reidsville, NC 27320

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