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Property profile & analytics
FOR SALE
Retail space

208 E Mason St Franklinton, NC 27525

2,520 SF Built 1949
Property ID
US53-0992306
Property summary
AI-generated overview

Fabulous commercial opportunity just one block from the newly revitalized downtown Franklinton and its vibrant Social District! Enjoy a walkable location surrounded by some of the area's most popular destinations, including Franko's, The Owl's Roost, Toro's, Bleachers, and Curtsy's, along with charming coffee shops, sweet treats, and boutique shopping. This 2,520 sqft building includes approximately 600 sqft of unfinished warehouse/storage space and offers excellent income potential. Current leased spaces include a hair salon, nail studio, massage suite, and esthetician. Additional features include a rear handicap-accessible ramp from the main parking area and numerous recent UPGRADES such as a gas pack/AC unit, windows, electrical, lighting, HVAC ductwork, and water heater. A strong investment in a growing area--reach out for more details!

Property profile
Verified
Property type Retail space
Year built 1949
Total area 2,520 SF
UPID US53-0992306
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
  • LIV-Well Aesthetic & Regenerative Medicine Physician
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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