For Sale
1 / 41
Property summary
This exceptional commercial property, located at 315 W Spring Street in Oxford, North Carolina, presents a fantastic investment opportunity. The completely renovated building boasts five individual rental units, each equipped with its own utility meters and a private restroom, providing maximum flexibility and efficiency for tenants. The property sits on a 0.13-acre lot and offers ample parking with over twelve designated spaces, supplemented by readily available street parking. Its prime location places it within convenient walking distance to downtown Oxford, ensuring high visibility and accessibility for businesses. The versatile nature of the building makes it suitable for a wide range of commercial ventures. The asking price is $689,000. This is a rare chance to acquire a turn-key commercial property in a thriving downtown area, offering immediate income potential and significant long-term growth prospects. The building's recent renovation ensures modern amenities and low maintenance costs, making it an attractive investment for both seasoned and new commercial property owners. The high number of parking spaces and the central location are key advantages in a competitive market. Don't miss this opportunity to own a piece of Oxford's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Daycare Center Foster Care Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
R6 · Oxford, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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