633 Rauhut St, Burlington, NC 27217
This exceptional commercial property, located at 633 Rauhut Street in Burlington, NC, presents a remarkable investment opportunity. The building is a brick structure situated on a corner lot, ensuring high visibility and accessibility for any business. Its previous use as a smoke and vape shop demonstrates its suitability for a variety of retail ventures. The adaptable space is ideal for a convenience store, restaurant, coffee shop, or similar take-out establishment. The high-traffic location guarantees significant foot traffic, maximizing potential customer reach. Convenient on-site parking is available, benefiting both customers and employees. The seller's motivation to sell makes this an attractive proposition for discerning investors seeking a strong return. This property offers a unique blend of location, accessibility, and versatility, making it an exceptional opportunity to establish or expand a thriving business in a bustling area. The building's brick construction suggests durability and longevity, further enhancing its investment appeal. The corner lot provides ample space for signage and potential outdoor seating or display areas, depending on the intended use. Don't miss this chance to acquire a well-positioned commercial property in a desirable location. The asking price of $80,000 reflects the seller's eagerness to finalize a sale.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B 1 · Burlington, NCBurlington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.