249 Bridge St Elkin, NC 28621
- Investment properties
Current Use by Public Records
- Investment properties
Property Details for 249 Bridge St
- Year built
- 1903
- Property type
- Investment properties
Description
This exceptional investment opportunity presents a nearly 3,000 square foot property nestled in Elkin's historic downtown district. Situated on a sizable 0.356-acre lot, the property boasts a four-bedroom, two-and-a-half-bathroom layout, offering significant potential for diverse uses. Currently configured as a residential home, its adaptable floor plan lends itself perfectly to conversion into a commercial space, or a combination of both residential and commercial uses. The property's prime location offers unparalleled convenience, with close proximity to the vibrant Farmer's Market, the renowned Reeves Theater, a variety of restaurants, and ample shopping opportunities. Adding to its appeal, some original hardwood floors remain, adding character and charm. The main level features a primary bedroom complete with an ensuite bathroom. This property represents a rare chance to acquire a substantial building in a thriving downtown area, ideal for savvy investors seeking a high-return opportunity or entrepreneurs looking for a unique commercial space with residential possibilities. The property's size and location make it an attractive prospect for a variety of commercial ventures, while its residential features offer flexibility and potential for additional income streams. The existing structure provides a solid foundation for renovation and adaptation to suit a wide range of business needs. This is a truly unique opportunity to own a piece of Elkin's rich history and vibrant future.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elkin
- County
- Surry
- State
- North Carolina
- Longitude
- -80.85154
- Latitude
- 36.24651