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1204 Main St Graham, NC 27253

Sponsored
For Sale
$1,475,000

High-traffic location, excellent ROI

Property size:
4,500 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional Graham, NC office complex, situated on a 1.44-acre corner lot (APN: 144357, 144356, 144361), offers 4,500 square feet of fully occupied Class B space in a high-traffic area. The single-tenant building, constructed in 2003 and extensively renovated in 2019 (new flooring, HVAC, conference room, paint), boasts a 3.73% cap rate and a $55,000 NOI. The property includes three buildings: the main 4,500 sq ft office, a rentable house generating approximately $1,200 monthly income, and a storage building. Benefiting from a B2 zoning designation, the property's prime location is further enhanced by its proximity to a newly constructed Sheetz and ongoing commercial development at an adjacent corner. A significant new housing development is underway nearby, promising increased population density and future growth potential. The property is currently 100% occupied since January 1, 2003, presenting a strong investment opportunity for owner-occupants or investors seeking a high-traffic location with significant upside potential. The current rent does not reflect market value, offering a new owner the opportunity to increase rental income substantially.

Property Features for 1204 Main St

General Information

Property type
Office Properties & Spaces
Square Feet
4,500 SF
Class
B
Lot Size
62,726 SF

Building Details

Year Built/Renovated
2003/2019
Buildings
3
Stories
1

HighLights

  • 4,500 SF Class B office complex on a 1.44‑acre corner lot in Graham, NC (APN: 144357, 144356, 144361).
  • Single‑tenant building, fully occupied since 2003, with recent renovations (2019).
  • High‑traffic location with a 3.73% cap rate and $55,000 NOI.
  • Includes main office building, a rentable house ($1,200/month income), and a storage building.
  • Prime location near a new Sheetz and ongoing commercial development, with significant nearby residential growth.
Property Profile Location Intelligence

Current Use by Public Records

Black Armor Productions Website Designer ComTech Computer Support And Services

Suggested Use

Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Graham
County
Alamance
State
North Carolina
Longitude
-79.395776271172
Latitude
36.046406037789

FAQs

What type of property is this?
Office Property / Space - High-traffic location, excellent ROI
Where is this office property / space located?
The property is located at 1204 Main St Graham, NC.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 4,500 SF Class B office complex on a 1.44-acre corner lot in Graham, NC (APN: 144357, 144356, 144361).; Single-tenant building, fully occupied since 2003, with recent renovations (2019).; High-traffic location with a 3.73% cap rate and $55,000 NOI.
More about this property
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