121 Main St, Oxford, NC 27565-3318
This exceptional investment opportunity presents a 5,461 square foot shopping center located at 121 Main St in Oxford, North Carolina's historic downtown. Built circa 1901 in the Italianate style, this registered historic landmark boasts 12+ foot ceilings, charming tongue-and-groove hardwood floors, and an open floor plan, making it versatile for retail, office, residential, or service businesses. The property includes a second-floor skylight/cupula, two dedicated rear parking spaces, and approximately 2,800 square feet of unfinished basement space. Situated on a 0.33-acre lot in the Central Business District, it offers prominent Main Street visibility and convenient access to the Triangle Area and RTP. The building is currently partially leased, with the first floor occupied month-to-month by a boutique and a second-floor work/live loft space. Its location next to the award-winning Strong Arm Bakery and adjacent to Hugh M. Currin, Sr. Memorial Park provides excellent visibility and foot traffic. The property's historic designation offers potential for utilizing historical tax credits. The zoning allows for a variety of uses, making this a truly unique and promising investment opportunity. Asking price is $595,000.
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Southern Style Mercantile Clothing Store
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
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