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    OFF-MARKET
    Auto shops

    225 Hamilton St, Eden, NC 27288-5605

    5,450 SF 0.46 ac lot Built 1946
    Individually Owned Free & Clear
    Property ID
    US53-1372828
    Property summary
    AI-generated overview

    This exceptional industrial property at 225 Hamilton Street, Eden, NC, presents a unique investment opportunity. Priced at $229,000, the property features a substantial shop building equipped with four bays, a remaining lift, and a sizable office space. The versatility of this building is further enhanced by the potential for residential conversion of the upstairs area. This upper level includes a bedroom, a bathroom, and a kitchen, offering significant flexibility for live-work arrangements or additional rental income. A key advantage is the large fenced-in area, ideal for secure vehicle storage, particularly suited for towing businesses or similar operations. The property also includes a dedicated paint room, adding to its functionality and potential uses. The absence of a listed square footage allows for a flexible approach to various business needs. The property's location in Eden, NC, offers convenient access to local transportation routes and amenities. This property is well-suited for a variety of uses, from automotive storage and repair to light manufacturing or warehousing. The combination of shop space, office area, potential residential space, and secure yard makes this a truly versatile and attractive investment. Serious inquiries are encouraged to explore the full potential of this unique property.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1946
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 5,450 SF
    Lot 0.46 ac (20,000 SF)
    Zoning code GEN BUS EDEN
    APN 7070-18-21-6598-00
    UPID US53-1372828
    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
    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
    PHILIP EUGENE WALKER
    PHILIP EUGENE WALKER
    Zoning & alternative use
    GEN BUS EDEN · Eden, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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