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Property profile

206 Chestnut St Goldsboro, NC 27530

OFF-MARKET
Office Spaces
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1,880 SF 0.11 ac lot Built 1959

Property summary

AI-generated overview

This exceptional investment opportunity presents a vacant 1,880-square-foot traditional office building situated in Goldsboro, North Carolina's vibrant Central Business District (CBD). Located at 206 E Chestnut St, this single-story, 1959-built property sits on a 0.11-acre lot and is identified by APN 2599953044. The asking price is $110,000, translating to $58.51 per square foot. The interior layout comprises three private offices, a dedicated conference room, a reception area, and two restrooms. While the property requires some updating, it offers significant potential for renovation and customization to suit a variety of business needs. Convenient rear parking is available for tenants and clients. The property's prime CBD location ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a well-positioned office space in a thriving urban center. This is a rare chance to acquire a well-located, affordable office building in a growing market. The permitted zoning is CBD, offering flexibility for future development or use. The property is currently vacant, allowing for immediate occupancy and customization to meet specific business requirements.

Property profile

Verified
Property type Office Spaces
Year built 1959
Total area 1,880 SF
Lot 0.11 ac (4,792 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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