1105 Main St Lexington, NC 27292-3133
This exceptional turnkey pawn shop presents a rare investment opportunity in the thriving city of Lexington, North Carolina. Located at 1105 S Main Street, this established business boasts significant annual net income, making it an attractive proposition for savvy investors seeking immediate returns. The sale includes all existing inventory and pawns, ensuring a seamless transition for the new owner. The current manager, deeply familiar with the business operations from its inception, expresses a strong desire to remain, offering invaluable continuity and operational expertise. This presents a significant advantage, minimizing disruption and maximizing profitability from day one. The property's operational success is evident in its consistent cash flow. All showings must be scheduled during business hours due to the nature of the business. Please note that an Indian motorcycle located on the premises is excluded from the sale
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M& T‘s pawnshop Discount Store (Bike/Boat/Book/etc) Store
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U-Haul Neighborhood Dealer Car Rental Facility
The intent of thebusinessdistrictis to accommodate a wide range of retail, service, governmental, and office uses that serve not only the Lexington community, but also travelers along key highway corridors. Thisdistrictprovides an opportunity for economic development with convenient automobile access, minimal traffic congestion, and reduced visual clutter al…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B · Lexington, NCThe intent of thebusinessdistrictis to accommodate a wide range of retail, service, governmental, and office uses that serve not only the Lexington community, but also travelers along key highway corridors. Thisdistrictprovides an opportunity for economic development with convenient automobile access, minimal traffic congestion, and reduced visual clutter along designated commercial corridors.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.