116 Young St Henderson, NC 27536
- Office Properties & Spaces
- 8,794 SF
- 0.12 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 116 Young St
- Year built
- 1914
- Lot size
- 0.12 lot acres
- Property size
- 8,794 SF
- Property type
- Office Properties & Spaces
- APN
- 0004 02002
- APU
- 402002
Description
This exceptional 8,794 square foot commercial property, located at 116 Young Street Unit 116 in Henderson, NC's historic downtown district, presents a unique investment opportunity. Situated on a 0.12-acre lot, this building boasts high foot traffic and excellent visibility, offering unparalleled exposure to the bustling downtown area. Its prime location places it within easy walking distance of the courthouse, numerous restaurants, thriving businesses, and municipal offices. The building itself features over 25 individual offices and a large conference room, providing ample space for a variety of uses. The flexible layout allows for creative adaptation to suit diverse business needs, from modern office spaces to trendy commercial ventures, or even a conversion into stylish multi-family units. The multiple floors offer significant potential for customization and renovation to reflect a modern aesthetic while preserving the building's historic charm. Henderson's strategic location, approximately 40 minutes from Durham and less than an hour from Raleigh, enhances its appeal as a desirable location for businesses and residents alike. This is a rare chance to acquire a substantial property in a thriving downtown area with significant upside potential. Priced at $250,000, this property represents an exceptional value in a rapidly growing market.
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
- Henderson
- County
- Vance
- State
- North Carolina
- Longitude
- -78.4021
- Latitude
- 36.3283
- CBSA code
- 25780
- CBSA name
- HENDERSON, NC MICROPOLITAN STATISTICAL AREA
