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Property profile & analytics
FOR SALE
Retail space

634 Monroe St Eden, NC 27288

6,190 SF 0.48 ac lot Built 1939
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US53-5691839
Property summary
AI-generated overview

This remarkable 1939 building, originally constructed as a US Post Office, presents a unique investment opportunity in the heart of Eden, NC. Its rich history is evident in the meticulously preserved granite steps, walls, and substantial structure, reflecting the high standards of government construction. A portion of the roof boasts a copper covering, adding to its distinctive character. The property offers significant potential for a variety of uses, having previously served as a post office, church, restaurant, and athletic training facility. Its versatility is further enhanced by ample parking and loading docks, catering to diverse operational needs. Two HVAC systems ensure climate control throughout the building. The interior reveals the building's substantial size and inherent potential, waiting to be transformed to suit a new owner's vision. The property's location in Eden offers excellent accessibility and visibility, making it an attractive proposition for a wide range of businesses. This is a rare chance to acquire a piece of Eden's history and capitalize on its considerable redevelopment potential. The asking price is $399,900. Serious inquiries only.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1939
Total area 6,190 SF
Lot 0.48 ac (21,080 SF)
Zoning code CENTRAL BUS EDEN
APN 7979-07-58-4673-00
UPID US53-5691839
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
James Edward Jones · 4 yrs held
James Edward Jones
since 2022
5 recorded transactions
2022
Price N/A
2016
$35,000
2015
$323,105
2009
Price N/A
2005
$5,000
Zoning & alternative use
CENTRAL BUS EDEN · Eden, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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