720 Main St Ste A Jamestown, NC 27282-9500

Property Details for 720 Main St Ste A

Year built

1834

Lot size

1.03 lot acres

Property size

1,440 SF

Zone code

C

Property type

Office Properties & Spaces

APN

157745

APU

157745

Description

This exceptional commercial property, located at 720 W Main St, Jamestown, NC 27282, presents a lucrative investment opportunity. The 1.03-acre lot features a main building totaling 11,128 square feet, currently fully leased to a diverse tenant mix. The green building houses a lower-level engineering firm and salon suites, and an upper-level dental office, all contributing to a strong, stable income stream. A separate, historically significant yellow building (built in 1834) adds 1,462 square feet of fully leased space. Finally, a red building offers 3,806 square feet, with a leased lower level and 2,066 square feet of vacant upper-level space ready for immediate lease-up. The property boasts a compelling 8.10% cap rate and is zoned C. The land value is $98.84 per square foot, reflecting the strategic location and high demand in this thriving area. This multi-building complex offers a blend of historical charm and modern functionality, making it an ideal investment for discerning buyers seeking a high-return, diversified portfolio addition. The property's strong tenant occupancy and diverse income streams provide a secure and profitable investment. The available vacant space presents an opportunity to increase rental income further. This is a rare chance to acquire a well-established, income-producing property in a desirable location. The asking price is $1,100,000. APN: 7811-77-8731.