217 Main St Dobson, NC 27017
This 3,080 square foot former bank branch, located at 217 N Main St in Dobson, North Carolina, presents a unique investment opportunity. Situated on a 0.61-acre lot, the single-story, 1985-built building boasts a convenient drive-thru lane and ample on-site parking. Its prime downtown location offers excellent visibility and accessibility, with multiple points of ingress and egress on Main Street. The property benefits from prominent signage opportunities and is situated within an Opportunity Zone. While currently configured as a bank, the space is adaptable and ideal for a variety of uses, such as boutique office space or retail businesses. Note that a 5-year financial institution deed restriction is in place. The asking price for this exceptional property is $495,000, translating to $160.71 per square foot. The property's APN is 4996-06-27-5799, 4996-05-27-4799. The zip code is 27017.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.