106/108 Henry St Stoneville, NC 27048
- Investment properties
Current Use by Public Records
- Investment properties
Property Details for 106/108 Henry St
- Property type
- Investment properties
Description
This exceptional investment opportunity presents a 353,000 USD commercial property ideally situated in the heart of Stoneville's business district, directly adjacent to a town-maintained park. The building offers significant versatility, catering to a range of business models. The upper level is partially developed, with completed electrical and plumbing rough-ins for two one-bedroom apartments and two studio apartments. Inspections confirming the quality of these rough-ins are available. A new roofing membrane has been recently installed over a section of the building, enhancing its longevity and structural integrity. The expansive ground floor space is adaptable, easily subdivided to create multiple retail or office units, or maintained as a single large area for businesses requiring ample floor space. Its prominent location ensures high visibility to both pedestrian and vehicular traffic, maximizing exposure and potential customer reach. A significant advantage is the inclusion of a dedicated private parking area located at the rear of the building, providing convenient and secure parking for tenants or customers. This property represents a rare chance to acquire a well-positioned, adaptable commercial space with significant upside potential in a thriving business district.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stoneville
- County
- Rockingham
- State
- North Carolina
- Longitude
- -79.9043
- Latitude
- 36.4668