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Downtown Reidsville Mixed-Use Investment
For Sale
$230,000

105 Gilmer Street, Reidsville, NC 27320

Mixed-use property with apartments and retail space in downtown Reidsville.

Days on Market421

Property Features for 105 Gilmer Street

General Information

Standard status Active

Building Details

Year Built 1922
Listing Agency: REALTY ONE GROUP RESULTS REIDSVILLE
Listed By: LIZ ECKLER
Source: Corcoran
Added: Jun 6, 2025 Changed: Mar 16 Last Checked: Jul 30 at 6:11AM

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.

Located in downtown Reidsville, this investment property features three rental apartments and a retail/commercial space fronting Gilmer Street. The rental units have a separate entrance. Utility rough-ins are installed. The apartments can be quickly completed and offered for rent. The retail/commercial space needs finishing to be available for rent. This property can provide four income streams. It is an opportunity for an investor that understands the value of new infrastructure in a 1922 era building within walking distance to downtown.

Key Highlights

  • Four potential income streams from three apartments and a retail/commercial space.
  • Excellent investment opportunity in downtown Reidsville.
  • Retail/commercial space fronts Gilmer St with separate entrance.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Storage Facility (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.

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with apartments and retail space in downtown Reidsville.
Where is this mixed-use property located?
The property is located at 105 Gilmer Street Reidsville, NC.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Four potential income streams from **three apartments and a retail/commercial space**.; Excellent investment opportunity in downtown Reidsville.; Retail/commercial space fronts Gilmer St with separate entrance.
More about this property
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