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201-202 E Nash St

5,025 SF Vacant Retail Building Louisburg, NC 27549 $1,165,820 CAD ($232 CAD/SF) 7.50% Cap Rate

Investment Highlights

  • Heavy foot traffic
  • Lots of natural light

Executive Summary

Downtown Louisburg
Fully equipped bar and kitchen
Walk in cooler
Suite 200: Restaurant Space 3,780 SF
Suite 201: Retail Space 1,245 SF
200k worth of new kitchen appliances and bar equipment that will transfer over to the new owner.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,025 SF
Building Class
C
Year Built
1925
Price
$1,165,820 CAD
Price Per SF
$232 CAD
Cap Rate
7.50%
NOI
$87,436 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.05
Lot Size
0.11 AC
Zoning
B-1 - Business
Parking
2 Spaces (0.4 Spaces per 1,000 SF Leased)

Nearby Major Retailers

Carlie C's IGA
IGA
First Citizens Bank
Food Lion
Carter Bank & Trust
Waffle House
Cook Out

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 017666
  • 017668
Land Assessment
$39,460 CAD
Improvements Assessment
$248,189 CAD
Total Assessment
$287,649 CAD
  • Listing ID: 33449503

  • Date on Market: 2024-10-08

  • Last Updated:

  • Address: 201-202 E Nash St, Louisburg, NC 27549

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