Property profile

232 MAIN ST Fairmont, NC 28340

OFF-MARKET
Office Building
Property ID
US53-3094017
3,950 SF 0.06 ac lot Built 1905
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Property summary

AI-generated overview

Commercial office building located in downtown Fairmont on a 0.06-acre lot, configured with multiple offices, three half bathrooms, and a break room, along with an open front area. The building includes additional unheated space upstairs totaling 1,827 square feet, which can be used for storage or potentially adapted for additional office or warehouse use. Parking is provided on downtown city streets and at the rear of the building. The property is subject to City permitting, and nearby offices at adjacent addresses have been approved for tenant occupancy, which may support consideration of a residential permitting application depending on local requirements.

Property profile

Verified
Property type Office Building
Year built 1905
Total area 3,950 SF
Lot 0.06 ac (2,614 SF)
APN 300504039
UPID US53-3094017

Cap rate & NOI

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

Location

232 MAIN ST Fairmont, NC 28340
Fairmont metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history

since 2025
Last sale
$79,000
5 recorded transactions
2025
$79,000
2022
Price N/A
2022
$14,000
2021
$6,000
2020
Price N/A
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