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Historic Selma Commercial Redevelopment Opportunity

103 W ANDERSON ST Selma, NC 27576

103 W ANDERSON ST, Selma, NC, 27576
Contact for pricing
For Sale
Contact for pricing

Redevelopment opportunity in downtown Selma's Opportunity Zone.

Property Size1,525 SF
Price / SF$114.69
Days on Market59

Property Features for 103 W ANDERSON ST

General Information

Standard status
Active
Size
1,525 SF
Property subtype
Retail, Office

Building Details

Year Built
1925
Listing Agency Partners Commercial Realty
Listed by Adam Capani · License #NC 281908
Source Crexi
Added: May 22 Checked: Jul 17 at 7:15 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Partners Commercial Realty


Investment Insights

Based on property information with market context.

Located in downtown Selma, 103 W. Anderson Street is a commercial property built in 1925. The property is registered within the National Register of Historic Places and is located in a federally designated Opportunity Zone. Zoned CB (Central Business), the property allows for a variety of commercial or mixed-use redevelopment possibilities. The building has been demoed to shell condition. Seller-provided materials include structural design plans and limited structural inspection reports for the wood framing and masonry. The property size is 1525 square feet. Selma continues to see growth driven by its proximity to the Raleigh market, expanding residential development, and ongoing downtown revitalization efforts. Area demographics project continued population and household growth, supporting long-term investment potential.

Key Highlights

  • Located in a federally designated Opportunity Zone, offering potential tax advantages.
  • Zoned CB (Central Business) allowing for commercial or mixed‑use redevelopment.
  • Historic commercial property registered within the National Register of Historic Places.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Sugarcane’s Restaurant

Suggested Use

Building Supply Parking Lot & Garage Pharmacy HVAC Service Electrical Service Kitchen & Bath Showroom Real Estate Agency Storage Facility Bakery Law Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Specialty property - Redevelopment opportunity in downtown Selma's Opportunity Zone.
Where is this specialty property located?
The property is located at 103 W ANDERSON ST Selma, NC.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Located in a federally designated Opportunity Zone, offering potential tax advantages.; Zoned CB (Central Business) allowing for commercial or mixed‑use redevelopment.; Historic commercial property registered within the National Register of Historic Places.
Contact an agent
(919) 585-5569 Call to check price and availability
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