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    OFF-MARKET
    Office Spaces

    114 Franklin St, Warrenton, NC 27589-1934

    2,805 SF 125 ac lot Built 1952
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US53-4654116
    Property summary
    AI-generated overview

    This exceptional 2,814 square foot commercial property, situated on a 0.31-acre lot at 114 W Franklin Street in Warrenton, NC, presents a unique investment opportunity. Ideally located just one block from the courthouse and conveniently off Main Street, this building boasts high visibility and excellent accessibility. Previously utilized as an auto body shop and paint business, the property is equipped with a functional paint booth, ready for immediate use. The building features four 10x10 roll-up doors, providing ample access for vehicles and equipment. One bay is equipped with a lift, while another includes a convenient drain. The property's versatile layout and existing infrastructure make it suitable for a variety of businesses. Its prime location in Warrenton offers significant advantages for attracting customers and establishing a strong presence within the community. The asking price of $250,000 represents a compelling value for a property with such established features and a desirable location. This is an exceptional chance to acquire a well-positioned commercial space with significant potential for growth and profitability. The property's history as a successful auto body shop demonstrates its suitability for businesses requiring ample space and specialized equipment. Don't miss this opportunity to secure a prime commercial location in a thriving North Carolina town.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1952
    Total area 2,805 SF
    Lot 125 ac (5,445,000 SF)
    APN E6B246
    UPID US53-4654116
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Claude O'hagan · 1 yrs held
    Claude O'hagan
    since 2025
    Last sale
    $175,000
    1 recorded transaction
    2025
    $175,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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