106 Gilmer St | Reidsville, NC 27320
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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
$725,000
Price Per SF
$76
Cap Rate
6.21%
NOI
$45,011
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
| Parcel Numbers | Improvements Assessment | $231,600 | |
| Land Assessment | $45,695 | Total Assessment | $277,295 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$45,695
Improvements Assessment
$231,600
Total Assessment
$277,295
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