Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Investment properties

    31 N Main St, Wendell, NC 27591

    5,500 SF 0.08 ac lot Built 1920
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US53-5658388
    Property summary
    AI-generated overview

    This exceptional 5,500-square-foot storefront, located at 31 N Main St in Wendell, NC's historic downtown district, presents a unique owner/user investment opportunity. The property, built in 1920 and extensively renovated in 2020, boasts two floors, each encompassing 2,750 square feet. The ground floor is ideal for retail, restaurant, or office use, featuring new plumbing, electrical, countertops, light fixtures, flooring, and a renovated bathroom. A 350-gallon grease trap is already installed. The building currently has a permit for 25 patrons. The second floor, accessible from both the first floor and a separate street entrance, offers versatile space, perfect for office space, residential conversion, storage, or additional rental income. The property is zoned Mixed Use (CD), providing flexibility for various business ventures. A rear loading dock adds to the property's functionality. The 0.08-acre lot includes 3 parking spaces. The property is available for occupancy on September 30, 2024. This is a rare chance to own a piece of Wendell's vibrant social district. The asking price is $995,000. The APN is 1784.19-60-8003-000.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1920
    Construction BRICK
    Total area 5,500 SF
    Lot 0.08 ac (3,485 SF)
    Zoning code DMX
    APN 1784.19-60-8003 0032903
    UPID US53-5658388
    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
    $795k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.03M
    Blend (final) Blend
    $825k
    Owner & transaction history
    Tanhunbak LLC · 1 yrs held
    Tanhunbak LLC
    since 2025
    Last sale
    $850,000
    5 recorded transactions
    2025
    $850,000
    2022
    2018
    2007
    $80,000
    1969
    Zoning & alternative use
    DMX · Wendell, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    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?”
    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