108 Us Highway 15 Oxford, NC 27565
This unique 1,172 square foot mixed-use property, located at 108 US Highway 15 in Oxford, North Carolina, presents a rare investment opportunity. Built circa 1880, this former St. Peter's Episcopal Church boasts significant historical character. The property includes a sanctuary featuring high ceilings, large double-hung windows, and a striking stained-glass arched window in the Gothic Revival altar area. Two smaller rooms flank the altar. A two-story bell tower entrance with double paneled doors leads into the main chapel, which features decorative beadboard walls and ceilings, and original pews. The property sits on a 0.84-acre lot offering excellent visibility with 174 feet of road frontage on US Highway 15 and an additional 30 feet of frontage on Cedar Lane. While the building's electrical system is present, it is currently disconnected. There is no existing plumbing, heating, or cooling system, and the property is not connected to Stovall's public water and sewer services. A historical survey and additional documentation are available for review. Please note that the cross and statue of Jesus are not included in the sale. The expansive lot and prime highway location offer significant redevelopment potential. This property is ideal for adaptive reuse, potentially as a unique retail space, event venue, or even a restoration project returning it to its religious purpose. The extensive road frontage and ample space provide numerous possibilities for future development.
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
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Property description
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