315 Nash E St, Wilson, NC 27893-4130
This exceptional 3-story, 3,500 square foot commercial building presents a rare opportunity to own a piece of Wilson's history. Constructed in 1922 and renovated in 1963, this single-tenant property boasts a rich past as the state's first ABC store. Its versatile zoning (Commercial) allows for a variety of uses, making it ideal for creative office space, medical offices, or traditional office settings. The building's prime location in Downtown Wilson places it within easy walking distance of key attractions, including Whirligig Park, the baseball stadium, the Amtrak station, and The Cherry Hotel, ensuring high visibility and accessibility. The building's substantial size and unique history offer a compelling investment opportunity for those seeking a distinctive property in a thriving urban core. The property's character and location make it particularly well-suited for a restaurant or bar, capitalizing on its historical significance and proximity to local amenities. This is a chance to acquire a landmark building with significant potential for future growth and development within a revitalized downtown area. The building's solid construction and past renovations provide a strong foundation for a variety of commercial ventures. Its single-tenant occupancy simplifies management and offers immediate income potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.