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    315 Spring St Oxford, NC 27565

    Sponsored
    For Sale
    $689,000

    Downtown Oxford, 5 renovated units, high parking.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 315 W Spring Street in Oxford, North Carolina, presents a fantastic investment opportunity. The completely renovated building boasts five individual rental units, each equipped with its own utility meters and a private restroom, providing maximum flexibility and efficiency for tenants. The property sits on a 0.13-acre lot and offers ample parking with over twelve designated spaces, supplemented by readily available street parking. Its prime location places it within convenient walking distance to downtown Oxford, ensuring high visibility and accessibility for businesses. The versatile nature of the building makes it suitable for a wide range of commercial ventures. The asking price is $689,000. This is a rare chance to acquire a turn-key commercial property in a thriving downtown area, offering immediate income potential and significant long-term growth prospects. The building's recent renovation ensures modern amenities and low maintenance costs, making it an attractive investment for both seasoned and new commercial property owners. The high number of parking spaces and the central location are key advantages in a competitive market. Don't miss this opportunity to own a piece of Oxford's vibrant commercial landscape.

    Property Features for 315 Spring St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1955
    Property Profile Location Intelligence

    Current Use by Public Records

    C & C INNOVATIONS ... Child Care Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxford
    County
    Granville
    State
    North Carolina
    Longitude
    -78.59222
    Latitude
    36.30797

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Oxford, 5 renovated units, high parking.
    Where is this commercial real estate located?
    The property is located at 315 Spring St Oxford, NC.
    What is the asking price?
    The asking price for this property is $689,000.
    (919) 728-1212
    Request Owner's contact information
    315 Spring St Oxford, NC 27565
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    Oxford, NC 27565
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    315 Spring St Oxford, NC 27565
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