136 S 3rd St
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136 S 3rd St
2,438 SF 100% Leased Retail Building Smithfield, NC 27577 $566,988 CAD ($233 CAD/SF) 6% Cap Rate
Executive Summary
Sales price: $400,000
2,438 square feet Storefront for SALE
Investors wanted - in heart of Smithfield next to the Courthouse.
Cap Rate 6% Current Lease 3 yr term with renewals.
Perfect for Retail or Professional Business Office.
PRIME RETAIL/Office Location in the Heart of Smithfield.
Property Features:
• Heavy daytime foot traffic from Courthouse
• Located on S. 3rd Street with heavy drive-by traffic
• Public Parking nearby The property was completely updated and renovated in 2021.
2,438 square feet Storefront for SALE
Investors wanted - in heart of Smithfield next to the Courthouse.
Cap Rate 6% Current Lease 3 yr term with renewals.
Perfect for Retail or Professional Business Office.
PRIME RETAIL/Office Location in the Heart of Smithfield.
Property Features:
• Heavy daytime foot traffic from Courthouse
• Located on S. 3rd Street with heavy drive-by traffic
• Public Parking nearby The property was completely updated and renovated in 2021.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,438 SF
Building Class
C
Year Built
1938
Price
$566,988 CAD
Price Per SF
$233 CAD
Cap Rate
6%
NOI
$34,019 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.93
Lot Size
0.06 AC
Zoning
B-1 - Business District
Frontage
21 ft on 3rd St
Amenities
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 15024040 | Improvements Assessment | $210,327 CAD |
| Land Assessment | $30,631 CAD | Total Assessment | $240,959 CAD |
PROPERTY TAXES
Parcel Number
15024040
Land Assessment
$30,631 CAD
Improvements Assessment
$210,327 CAD
Total Assessment
$240,959 CAD
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136 S 3rd St
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