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    207 W Main St Mayodan, NC 27027

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    For Sale
    $599,000

    Income-producing property with commercial and residential units in Mayodan, NC.

    Property size:
    9,442 SF
    Lot size:
    0.13 Acres

    Property Features for 207 W Main St

    General Information

    Size
    9,442 SF
    Lot size
    0.13 Acres

    Source: A New Dawn Realty Agent Dawn Stone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mayodan Mixed-Use Investment Opportunity

    Located in Mayodan, North Carolina, this property features a mix of commercial and residential spaces. The property includes eight income-producing units. The street level features four commercially leased units occupied by a grille, a wellness center, and a barber shop. The second level contains two tenant-occupied apartments, one with two bedrooms and one bathroom, and the other with one bedroom and one bathroom. Additionally, there is one unoccupied two-bedroom, one-bathroom apartment that has been completely renovated. A 1,500-square-foot unit has been gutted and offers potential for various uses. The property also includes a 37-foot by 24-foot storage building and a gravel parking area located behind the buildings. The town of Mayodan is experiencing rapid expansion and is located near the I-73 corridor.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mayodan
    County
    Rockingham
    State
    North Carolina
    Longitude
    -79.967866
    Latitude
    36.412724

    Nearby Similar for Sale

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    • $599,000

      Mayodan Investment Opportunity

      Mixed-use property with commercial and residential income potential in Mayodan.
      207-213 W Main St, Mayodan, NC 27027
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    • $219,500
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      3.29 Acre Mixed-Use Property

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    • $219,500

      Mayodan Retail Property - High Potential

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    FAQs

    What type of property is this?
    Retail space - Income-producing property with commercial and residential units in Mayodan, NC.
    Where is this retail space located?
    The property is located at 207 W Main St Mayodan, NC.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - 8 income-producing units in a rapidly expanding town.; - 4 commercially leased street-front units, including Beach House Grille, RoCo Wellness, and a Barber Shop.; - One completely renovated, turn-key 2BR, 1BA apartment.
    (336) 312-4226
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    207 W Main St Mayodan, NC 27027
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    Mayodan, NC 27027
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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
    207 W Main St Mayodan, NC 27027
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