Renovated Historic Retail
211 Nash Street Wilson, NC 27893
211 Nash Street, Wilson, NC, 27893
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For Sale
Contact for pricing
Fully renovated historic downtown building with ample surface and street parking and multiple civic anchors nearby.
Property Size3,289 SF
Price / SF$197.63
Days on Market56
Property Features for 211 Nash Street
General Information
- Standard status
- Active
- Size
- 3,289 SF
- Property subtype
- Retail, Office
Listing agency
TradeMark Properties
Listed by
Kharmika Alston · License #NC
Source
Crexi
Added: May 27 Updated: Jul 10 at 4:00PM Checked: Jul 21 at 7:10AM
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 TradeMark Properties
Investment Insights
Based on property information with market context.
This fully renovated historic building offers 3,289 SF and is positioned as a ready-to-occupy option for retail or office users seeking a turnkey, character-focused space. The property includes updates supporting its downtown presentation, with the surrounding public realm benefiting from improvements to the public library lawn park, along with extensive campus green-space and public amenities.
Situated in the heart of Downtown Wilson, the building is served by ample surface and street parking. It is located three blocks from Vollis Simpson Whirligig Park, a free downtown park featuring towering, wind-powered sculptures and colorful kinetic folk art made from recycled metal. The area also includes a brand new Wilson Family YMCA and the Healthcare Foundation of Wilson.
The property’s downtown clustering of institutions and new development activity supports a practical mix of uses for tenants that value walkable foot traffic and strong day-to-day visibility. With a five-minute walk to a new $70M+ sports and entertainment complex and nearby $300M in new residential, retail, hospitality, and office development under construction, the building is well-suited for buyers or operators looking to participate in an actively evolving downtown environment.
Situated in the heart of Downtown Wilson, the building is served by ample surface and street parking. It is located three blocks from Vollis Simpson Whirligig Park, a free downtown park featuring towering, wind-powered sculptures and colorful kinetic folk art made from recycled metal. The area also includes a brand new Wilson Family YMCA and the Healthcare Foundation of Wilson.
The property’s downtown clustering of institutions and new development activity supports a practical mix of uses for tenants that value walkable foot traffic and strong day-to-day visibility. With a five-minute walk to a new $70M+ sports and entertainment complex and nearby $300M in new residential, retail, hospitality, and office development under construction, the building is well-suited for buyers or operators looking to participate in an actively evolving downtown environment.
Key Highlights
- 3,289 SF fully renovated historic building
- Located in the heart of Downtown Wilson
- Ample surface and street parking
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.1k | $21.00 |
| − Vacancy | −$13.8k | −$4.20 |
| EGI | $55.3k | $16.80 |
| − OpEx | −$13.8k | −$4.20 |
| NOI | $41.4k | $12.60 |
3,289 SF · lease $21.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$592.0K
$518.0K – $690.7K
NOI $41,441 @ 7.0% cap · market cap 6.38%
Second Best
Retail
$487.5K
$426.6K – $568.8K
NOI $34,127 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$789.4K
$690.7K – $921.0K
NOI $55,258 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
North State Consulting
Business Service Center
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Fully renovated historic downtown building with ample surface and street parking and multiple civic anchors nearby.
Where is this office units located?
The property is located at 211 Nash Street Wilson, NC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3,289 SF fully renovated historic building; Located in the heart of Downtown Wilson; Ample surface and street parking
