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Mixed-Use Building with Retail Frontage
For Sale
$125,000
Pending

105 Gilmer St, Reidsville, NC 27320

1922 building combines three apartments with a separately accessed commercial area requiring completion before occupancy.

Property SizeContact for details
Days on Market57

Property Features for 105 Gilmer St

General Information

Standard status Pending

Additional Details

Utilities to Site Yes

Building Details

Tenancy Multi
Listing Agency: Realty One Group Results Reidsville
Listed By: Liz Eckler
Source: Exprealty
Added: Jun 14 Changed: Aug 8 Last Checked: Aug 8 at 9:21AM

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 Realty One Group Results Reidsville

Investment Insights

Based on property information with market context.

This 1922 mixed-use building contains three rental apartments and a retail or commercial area along Gilmer St. The commercial component has its own entrance, separate from the residential units, creating a distinct layout for the two uses. Utility rough-ins have been installed, while both the apartments and commercial area require finishing work before they can be placed into service.

The property is in downtown Reidsville and within easy walking distance of downtown amenities. Its configuration includes three residential components plus one street-facing commercial space, offering a total of four potential income-producing areas once completed.

Key Highlights

  • Three rental apartments within a mixed‑use building
  • Street‑facing retail/commercial area along Gilmer St
  • Separate entrance divides the commercial space from the apartments

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Electrical Service (Bike/Boat/Book/etc) Store Dental Office Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

730
Businesses Nearby

Demographics for 27320, NC

37,843
Population
17,876
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
244.9 sq mi
ZIP Area
155
Density / Sq Mi
$55,491
Median Household Income
$37,258
Median Earnings
$776
Median Rent
$170,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 1922 building combines three apartments with a separately accessed commercial area requiring completion before occupancy.
Where is this mixed-use property located?
The property is located at 105 Gilmer St Reidsville, NC.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Three rental apartments within a mixed‑use building; Street‑facing retail/commercial area along Gilmer St; Separate entrance divides the commercial space from the apartments
More about this property
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