181 Main St Spindale, NC 28160-1590
This exceptional commercial property, situated at 181 Main Street in Spindale, NC, presents a unique investment opportunity. Boasting a highly desirable corner location at the intersection of West Main Street and South Oak Street, this building enjoys exceptional visibility and benefits from significant vehicle and pedestrian traffic. The attractive stone facade enhances curb appeal, making a strong first impression. The main floor comprises thirteen individual offices, a dedicated conference room, a convenient kitchenette, and a half bathroom. Upstairs, you'll find an additional conference room, an office, and two half bathrooms, providing ample space for various needs. A full basement, accessible via an exterior entrance, includes a complete bathroom, offering versatile storage or additional workspace potential. The 0.07-acre lot provides ample space for parking and outdoor activities. The building's existing layout is ideal for a variety of uses, including but not limited to rental office space, a beauty salon, boutique, medical spa, real estate agency, or insurance office. The possibilities are truly extensive for both established and emerging businesses seeking a prominent and well-equipped location in Spindale. The asking price is $157,900.
Zoning Districts Article I. General Use Districts 155.040 Generally 155.041 R-20 Residential District 155.042 R-10 Residential District 155.043 R-6 Residential District 155.044 NB Neighborhood Business District 155.045 CC Central Commercial District 155.046 GC General Commercial District 155.047 HC-I Heavy Commercial/Industrial District Article II. Condition…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Spindale, NCZoning Districts Article I. General Use Districts 155.040 Generally 155.041 R-20 Residential District 155.042 R-10 Residential District 155.043 R-6 Residential District 155.044 NB Neighborhood Business District 155.045 CC Central Commercial District 155.046 GC General Commercial District 155.047 HC-I Heavy Commercial/Industrial District Article II. Conditional Districts 155.060 Purpose and intent 155.061 Districts established 155.062 Use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.