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Reidsville Event Space For Sale
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223 Scales ST Reidsville, Reidsville, NC 27320

Event space with updated systems and potential business opportunity.

Property Size4,498 SF
Price / SF$61.14
Days on Market83

Property Features for 223 Scales ST Reidsville

General Information

Standard status Active
Size 4,498 SF
Property subtype Retail, Special Purpose, Business for Sale

Building Details

Year Built 1920
Listing Agency: Greensboro-Realty One Group Results
Listed By: Mary Chalk · License #NC- 353447
Source: Crexi
Added: May 12 Changed: Jul 10 Last Checked: Jul 26 at 8:10AM

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 Greensboro-Realty One Group Results

Investment Insights

Based on property information with market context.

This 4,498 square foot building is suited with a new HVAC system throughout, updated electrical panels, ingress and egress with side street parking, and an updated roof. It features office space and a kitchenette. The seller is open to negotiating the business portion with the event center, which would include a DJ system, live video broadcasting, lights, band tour contracts and contacts, vendor lists, tables, chairs, and sound systems. The seller is also interested in selling the building next to it for a package deal. City grants are available, and the seller is motivated.

Key Highlights

  • Turnkey event space with potential to acquire existing business, including equipment, contracts, and vendor lists.
  • New HVAC system, updated electrical panels, and updated roof.
  • Includes office space and kitchenette.

Property Analytics

Current Use

Reidsville Event Center Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Storage Facility Garden Center (Bike/Boat/Book/etc) Store Electrical Service

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

761
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Event space with updated systems and potential business opportunity.
Where is this retail space located?
The property is located at 223 Scales ST Reidsville Reidsville, NC.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Turnkey event space with potential to acquire existing business, including equipment, contracts, and vendor lists.; New HVAC system, updated electrical panels, and updated roof.; Includes office space and kitchenette.
More about this property
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