1405 Washington St Eden, NC 27288
This exceptional investment property, located at 1405 Washington Street in Eden, North Carolina, presents a unique opportunity for savvy investors. Priced at $200,000, the property boasts a flexible zoning classification, opening doors to a wide range of potential uses beyond its previous life as a restaurant. The building's size is not currently specified, allowing for creative redevelopment plans tailored to the buyer's vision. The property sits on a lot with no acreage listed, making it ideal for various commercial ventures. Its prime location in Eden offers excellent visibility and accessibility, ensuring strong potential for attracting customers and generating revenue. The broad zoning allows for exploration of diverse commercial uses, from retail and office spaces to service-oriented businesses. This presents a blank canvas for entrepreneurs and investors seeking a high-return opportunity in a thriving community. The absence of specific square footage details allows for flexibility in planning and maximizing the property's potential. Serious inquiries are encouraged to explore the possibilities this versatile property offers. This is a chance to acquire a well-situated commercial property in a growing market at an attractive price point. The lack of acreage information suggests a compact footprint, potentially minimizing operational costs and maximizing efficiency. The property's history as a restaurant suggests existing infrastructure that could be repurposed or renovated.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.