201 Main St Fuquay-Varina, NC 27526
- Investment properties
- 6,088 SF
- 0.10 lot acres
Current Use by Public Records
- Abshure Realty Group / Real Estate Agency
- MARCUS SLEDGE / Real Estate Agent
- Sean Walker - Residential and Commercial Real Estate / Real Estate Agents / Commercial Agent
- Christine Hollenbeck, Fathom Realty NC, LLC / Real Estate Agent
- Krista Abshure, Abshure Realty Group / Real Estate Agent
Property Details for 201 Main St
- Year built
- 1910
- Construction
- BRICK
- Lot size
- 0.10 lot acres
- Property size
- 6,088 SF
- Zone code
- DC-1
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 0656.12-97-6023 0023817
- APU
- 656129760230023817
Description
This exceptional investment opportunity presents a fully occupied, multi-tenant storefront at 201 S Main St, Fuquay-Varina, NC 27526. The property boasts 6,000-6,200 square feet of retail space, distributed across eight units within a two-story, 1908-built building. Seven units currently have active leases, ensuring a strong, immediate return on investment. One unit is owner-occupied. The building enjoys a highly desirable location in the thriving downtown area, close to numerous restaurants and shops, maximizing its appeal to a wide range of businesses. Conveniently situated on Main Street, the property benefits from the immediate proximity of town parking, enhancing accessibility for both tenants and customers. Furthermore, the building offers three direct street accesses for its units, providing excellent visibility and convenient ingress/egress. This property presents a rare opportunity to acquire a well-established, high-occupancy retail building in a prime downtown location with significant potential for future growth and development. The building's historical charm combined with its modern functionality makes it an attractive investment for both seasoned investors and newcomers to the commercial real estate market. The property's strong tenant base and central location make it an ideal investment for those seeking a stable and profitable venture.
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
- Fuquay Varina
- County
- Wake
- State
- North Carolina
- Longitude
- -78.7995
- Latitude
- 35.5826
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA