Property profile

206 Main St Jamestown, NC 27282

OFF-MARKET
Office Spaces
Property ID
US53-1932986
2,124 SF 1.03 ac lot Built 1922
Individually Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 100-year-old building, located at 206 E Main Street in the charming town of Jamestown, NC, presents a unique investment opportunity. Previously occupied by a boutique shop, this property is ideally suited for a variety of office or retail uses. The building boasts significant road frontage, ensuring high visibility and accessibility for potential customers. The interior layout is adaptable and ready for immediate occupancy, offering a blend of historical charm and modern functionality. The asking price is $675,000. Beyond the main building, a charming gazebo situated in the rear of the property provides an added bonus, potentially serving as an outdoor venue or relaxing space. This versatile property offers a rare combination of historical significance, prime location, and unique outdoor space, making it an attractive proposition for discerning buyers seeking a distinctive commercial property in a thriving community. The property sits on a 0-acre lot. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this remarkable building offers. The property is currently vacant and ready for a new tenant.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1922
Construction FRAME
Total area 2,124 SF
Lot 1.03 ac (44,867 SF)
Zoning code MS
APN 160219
UPID US53-1932986

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

206 Main St Jamestown, NC 27282-9532
Jamestown metro Census 16409 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
1969
Price N/A

Zoning & alternative use

MS · Jamestown, NC
Zoning description

The purpose of MS zone is to provide urban workplace, shopfront, attached house, detached house and civic building.

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 206 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message