1000 College St Oxford, NC 27565
- Office Properties & Spaces
- 2.00 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1000 College St
- Year built
- 1920
- Lot size
- 2.00 lot acres
- Property type
- Office Properties & Spaces
Description
This exceptional 2.17-acre property in Oxford, NC, presents a unique investment opportunity. Located at 1000 College Street, the property boasts versatile O&I (Office & Institutional) zoning, allowing for a variety of uses. The land is comprised of two parcels: a 1.518-acre parcel featuring a substantial 2500 square foot home and a separate .653-acre commercial lot with excellent road frontage on College Street, situated conveniently near Dr. Cleary's dental office. The home itself is a noteworthy feature, perched high on a hill and offering three spacious bedrooms, beautiful heart pine floors, a formal dining room with six-foot wainscoting, and a gas stove and dryer. A detached garage provides ample storage, complemented by four additional storage buildings or workshop areas. The property's zoning allows for continued residential use, or redevelopment for office space, making it an ideal choice for investors seeking flexibility and high potential return. The asking price has recently been reduced by $50,000 to $450,000. This represents a compelling opportunity to acquire a substantial property in a desirable location with significant upside potential.
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
- Oxford
- County
- Granville
- State
- North Carolina
- Longitude
- -78.5944
- Latitude
- 36.32449
