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    OFF-MARKET
    Office Spaces

    134 Main St, Warrenton, NC 27589-1922

    2,100 SF 53 ac lot Built 1982
    Individually Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-4409783
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 134 S Main St in Warrenton, North Carolina, presents a lucrative investment opportunity. The 4,340 square foot building, constructed in 1901 and extensively renovated in 2022, boasts a desirable blend of commercial and residential space. Currently generating $2800 per month in rental income from two tenants, this fee-simple ownership offers strong cash flow potential. The ground floor comprises a commercially zoned retail space, while the upper level features a charming, recently remodeled apartment complete with a private courtyard. The property sits on a 0.14-acre lot and includes convenient private parking at the rear, along with additional off-street customer parking. The building is a single, two-story structure, offering a unique blend of historic charm and modern updates. With its prime location in Warrenton, NC (zip code 27589), this property is ideally situated for continued success. The asking price is $510,000, translating to a price per square foot of $117.51. Showings are by appointment only due to current occupancy. This is a rare opportunity to acquire a well-maintained, income-producing asset in a thriving North Carolina community. The property is zoned for commercial use.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1982
    Total area 2,100 SF
    Lot 53 ac (2,308,680 SF)
    APN E6B303
    UPID US53-4409783
    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
    Current use
    Occupant on record · Public records
    • Family Eye Center Ophthalmologist (Bike/Boat/Book/etc) Store
    • Ellington Jr J N OD Physician
    • Eric Mincey Johnson Physician
    • Gabrielle Meadows Physician
    • Eric Johnson Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Jerry N Ellington JR · 4 yrs held
    Jerry N Ellington JR
    since 2022
    Last sale
    $31,000
    2 recorded transactions
    2022
    $134,000
    2013
    $31,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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