314 N Fayetteville St Asheboro, NC 27203
- Office buildings
- 6,160 SF
- 0.27 lot acres
Current Use by Public Records
- Office buildings
Property Details for 314 N Fayetteville St
- Year built
- 1960
- Construction
- WOOD
- Lot size
- 0.27 lot acres
- Property size
- 6,160 SF
- Zone code
- B2
- Property type
- Office buildings
- APN
- 7751846158
- APU
- 7751846158
Description
This exceptional commercial property presents a unique investment opportunity in Asheboro's Central Business District. The offering encompasses over one acre of land situated on a corner lot with a traffic signal, ensuring high visibility and accessibility. The property includes three buildings, offering a diverse range of potential uses. The main structure is a substantial 6,000+ square foot office building constructed in 1960. A 1,500+ square foot garage building, built in 1940, provides ample storage or workshop space. Complementing these is a brick accessory building, constructed in 1962, offering additional versatility. The strategic location directly across from the Randolph Hospital campus provides significant advantages, attracting a substantial daily foot traffic and potential clientele. This property's size, location, and multiple building components offer considerable flexibility for a variety of commercial ventures, making it an attractive investment prospect in a thriving North Carolina city. The property is priced at $850,000 and presents a rare opportunity to acquire a substantial commercial holding in a high-demand area. The buildings' ages reflect their established presence within the community, offering a blend of history and potential for modernization and adaptation to current market needs.
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
- Asheboro
- County
- Randolph
- State
- North Carolina
- Longitude
- -79.8128
- Latitude
- 35.7098
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
