Updated Two-Story Office
211 Nash Street E, Wilson, NC 27893
For Sale
$550,000
Commercial Sale, Wilson, NC
Property Size2,655 SF
Lot Size0.05 Acres
Price / SF$207.16
Days on Market49
Property Features for 211 Nash Street E
General Information
Property type
Property subtype
Zoning
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water source
Amenities
kitchenette
conference room
green-space
gazebo
Building Details
Year built
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Chesson Agency, eXp Realty
(252) 291-3600
Listed By:
Chuck Williamson · License #270840
(252) 205-6146
Added: Sep 21
Changed: Oct 30
Last Checked: Nov 8 at 4:06AM
MLS# 100605081
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,655-square-foot office building was constructed in 1950 and recently updated. The two-story layout includes five private offices, collaborative work areas on both levels, a conference room, a kitchenette, and two bathrooms. The property has a brick veneer exterior, carpet and concrete flooring, central air, forced-air heating, and a membrane roof. Public water service is in place.
Located at 211 Nash Street E in downtown Wilson, the 0.05-acre property provides direct access to green space and a gazebo through the rear entrance. The upper-level conference room overlooks downtown. The building has been used for office purposes and has also supported retail-oriented use. An ordinance designating the property as historic is included in the documents.
Located at 211 Nash Street E in downtown Wilson, the 0.05-acre property provides direct access to green space and a gazebo through the rear entrance. The upper-level conference room overlooks downtown. The building has been used for office purposes and has also supported retail-oriented use. An ordinance designating the property as historic is included in the documents.
Key Highlights
- 2,655‑square‑foot office building on a 0.05‑acre parcel
- Two‑story layout with five private offices and collaborative work areas
- Conference room with downtown views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,453
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,060
$669.1K
Cap Rate 7%
$477,900
$477.9K
Cap Rate 9%
$371,700
$371.7K
Market Conditions
NOI Build-Up for 2,655 SF
Gross rent
$55.8K $21.00/SF
− Vacancy
−$11.2K −$4.20/SF
EGI
$44.6K $16.80/SF
− OpEx
−$11.2K −$4.20/SF
NOI
$33.5K $12.60/SF
Area
Wilson County, NC
Vacancy
20.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,060
Cap Rate 7%
$477,900
Cap Rate 9%
$371,700
Alternative Uses
Best Use
Office B
$477.9K
$418.2K – $557.6K
NOI $33,453 @ 7.0% cap · market cap 6.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$637.2K
$557.6K – $743.5K
NOI $44,607 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
950
Businesses Nearby
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Business Placement
Demographics for 27893, NC
37,131
Population
18,383
Households
2
Avg Household Size
41
Median Age
15%
College-Educated
79%
High-School Grad
109.0 sq mi
ZIP Area
341
Density / Sq Mi
$40,180
Median Household Income
$31,197
Median Earnings
$894
Median Rent
$153,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Flexible layout includes private offices, shared work areas, a kitchenette, and two bathrooms.
Where is this office building located?
The property is located at 211 Nash Street E Wilson, NC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,655‑square‑foot office building on a 0.05‑acre parcel; Two‑story layout with five private offices and collaborative work areas; Conference room with downtown views
