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    OFF-MARKET
    Flex space

    823 13Th St, Erwin, NC 28339

    4,450 SF 1.33 ac lot Built 1945
    Property ID
    US53-2457104
    Property summary
    AI-generated overview

    This exceptional 4,450 square foot flex space, located at 823 S 13th Street in Erwin, North Carolina, presents a compelling investment opportunity. Situated on a 1.33-acre lot, this property boasts approximately 270 feet of road frontage along Highway 217/82/S. 13th Street and an additional 203 feet of frontage along Iris Bryant Road. The property comprises four parcels, all zoned B2, and includes three vacant lots and a commercial building previously used as a service station with four bays. The building, constructed in 1945, features a block construction and slab foundation. The 12 parking spaces offer ample room for customers and employees. Utilities include electricity, sewer, telephone, and water. This versatile property is ideal for a variety of businesses, offering the potential for renovation or redevelopment. The asking price is $450,000, with financing options including cash and conventional loans. This prime location in the heart of Erwin provides excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike.

    Property profile
    Verified
    Property type Flex space
    Year built 1945
    Total area 4,450 SF
    Lot 1.33 ac (57,935 SF)
    UPID US53-2457104
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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