This exceptional 6,720 square foot industrial flex building, situated on Boardwalk Drive in Youngsville, North Carolina, presents a compelling investment opportunity. The property consists of three individual units, each measuring 2,240 square feet, offering flexibility for various uses. Zoned C-1, it's ideally suited for light industrial, office, or retail businesses. The building features three roll-up doors, providing convenient access for loading and unloading. Ceiling heights range from 14 to 16 feet, and the space includes LED lighting and clear wall panels. Construction is a combination of block and steel, ensuring durability. Utilities include Franklin County water and sewer, PNC natural gas, and Spectrum internet. The property boasts ample parking with five spaces. Currently, tenants are on month-to-month leases, allowing for immediate income potential or repositioning. The asking price is $1,680,000, representing a 6.50% cap rate. A Property Owners Association fee of $125 per unit per month covers property insurance, parking lot maintenance, building exterior upkeep, and roof maintenance. The property is offered for sale by owner and includes three loading docks. Franklin County PIN numbers are 1853-16-3766, 1853-16-3726, and 1853-16-2786. This is a Class B, single-story building with significant potential for growth and return on investment. The sale includes the entire building and all three units. Rent bumps are permitted.
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Mark McArn
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110 Boardwalk Dr, Youngsville, North Carolina, 27596
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110 Boardwalk Dr
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