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150 Scarboro St

6,700 SF 100% Leased Office Building Asheboro, NC 27203 $697,000 ($104/SF)

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Investment Highlights

Downtown location

Executive Summary

Recently Appraised and Income Producing! Two-story commercial property with over 4700+ sq ft presents an outstanding investment opportunity with two established tenants and a prime location in the heart of downtown Asheboro. Situated on a 0.45-acre lot with a large parking lot, this property offers convenience and accessibility, making it ideal for a variety of business needs. Upstairs: A well-maintained dentist office with a 7-year lease renewal, ensuring a long-term, stable income. Downstairs: A reputable attorney's office on a month-to-month lease, further adding to the building's established professional tenant base. With its central location and strong tenant history, this property is perfect for investors looking for immediate income in a thriving area. Don't miss this chance to own a key piece of Asheboro's commercial landscape! [$4,300/MONTH THE ATTORNEY IS MONTH TO MONTH. $600/MONTH (not at market value)]