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    OFF-MARKET
    Retail space

    201 Vance St, Clinton, NC 28328-4040

    0.06 ac lot
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US53-4969929
    Property summary
    AI-generated overview

    This 1,960 square foot mixed-use building, located at 201 Vance Street in historic downtown Clinton, North Carolina, is available for $219,900 ($112.19/sq ft). Currently vacant, this property presents a unique opportunity for a variety of businesses. Originally constructed in 1910 and remodeled in 1986, the building boasts ample parking and a highly visible corner location. Its previous tenants include long-standing businesses such as George's Jewelry Store and Heatwave Hair and Tanning Salon, demonstrating its suitability for a range of commercial uses. Potential uses could include office spaces, a hair salon, tanning facility, workout studio, or other retail businesses. The property's proximity to the Sampson County Courthouse and other downtown amenities, including boutiques, coffee shops, a community theatre, a local radio station, executive offices, and gift and floral shops, provides excellent visibility and accessibility. This is an exceptional opportunity to establish or relocate a business in a thriving downtown area. The property is situated in Sampson County, NC, zip code 28328.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Lot 0.06 ac (2,662 SF)
    APN 12030988601
    UPID US53-4969929
    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
    • Heat Wave Hair & Tanning Hair Salon Nail Salon
    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
    Lbh Development LLC · 1 yrs held
    Lbh Development LLC
    since 2024
    Last sale
    $145,000
    2 recorded transactions
    2024
    $145,000
    2008
    $147,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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