201-202 E Nash St
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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.
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
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $248,189 CAD | |
Land Assessment | $39,460 CAD | Total Assessment | $287,649 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$39,460 CAD
Improvements Assessment
$248,189 CAD
Total Assessment
$287,649 CAD
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201-202 E Nash St
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