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    201 Main St Fuquay-Varina, NC 27526

    For Sale
    $2,000,000

    Prime Retail Location, 8 Units, High Occupancy

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a fully occupied, multi-tenant storefront at 201 S Main St, Fuquay-Varina, NC 27526. The property boasts 6,000-6,200 square feet of retail space, distributed across eight units within a two-story, 1908-built building. Seven units currently have active leases, ensuring a strong, immediate return on investment. One unit is owner-occupied. The building enjoys a highly desirable location in the thriving downtown area, close to numerous restaurants and shops, maximizing its appeal to a wide range of businesses. Conveniently situated on Main Street, the property benefits from the immediate proximity of town parking, enhancing accessibility for both tenants and customers. Furthermore, the building offers three direct street accesses for its units, providing excellent visibility and convenient ingress/egress. This property presents a rare opportunity to acquire a well-established, high-occupancy retail building in a prime downtown location with significant potential for future growth and development. The building's historical charm combined with its modern functionality makes it an attractive investment for both seasoned investors and newcomers to the commercial real estate market. The property's strong tenant base and central location make it an ideal investment for those seeking a stable and profitable venture.

    Property Features for 201 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,000 SF

    Building Details

    Year Built
    1908
    Buildings
    1
    Stories
    2
    Units
    8

    HighLights

    • Fully occupied, multi‑tenant retail building at 201 S Main St, Fuquay‑Varina, NC.
    • 6,000‑6,200 square feet of retail space in eight units across two stories.
    • Seven units with active leases, one owner‑occupied.
    • Prime downtown location near restaurants and shops.
    • Convenient Main Street location with ample town parking and three street accesses.
    • Strong tenant base and high occupancy in a historically charming building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Abshure Realty Group Real Estate Agency MARCUS SLEDGE Real Estate Agent Sean Walker - Residential ... Real Estate Agents Christine Hollenbeck, Fathom ... Real Estate Agent Krista Abshure, Abshure ... Real Estate Agent

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fuquay-Varina
    County
    Wake
    State
    North Carolina
    Longitude
    -78.79979124555
    Latitude
    35.582733998602

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    Nearby Similar for Sale

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      Downtown Fuquay-Varina Office Condos

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Location, 8 Units, High Occupancy
    Where is this individual retail property located?
    The property is located at 201 Main St Fuquay-Varina, NC.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Fully occupied, multi-tenant retail building at 201 S Main St, Fuquay-Varina, NC.; 6,000-6,200 square feet of retail space in eight units across two stories.; Seven units with active leases, one owner-occupied.
    Request Owner's contact information
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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
    201 Main St Fuquay-Varina, NC 27526
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