925 Ophir Ave, Troy, NC 27371
For Sale
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This exceptional 3,000 square foot commercial building, situated on a 0.9-acre lot at 925 Ophir Avenue in Troy, NC, presents a unique investment opportunity. Originally a medical practice, it underwent a complete transformation into a child development center in 2012. The building boasts three ADA-compliant ramps for convenient access, complemented by a covered front porch with entry steps. Inside, a central reception area provides ample space for administrative functions, including a receptionist and bookkeeping areas. The former physician's exam rooms have been opened to create larger spaces ideal for childcare, but these can be easily reconfigured into smaller offices to suit various needs. The adaptable layout offers significant potential for diverse uses beyond medical or childcare, including a community center, church, private school, or adult day care facility. The building's truss roofing system allows for extensive interior redesign, opening up possibilities for a wide range of conversions. Potential uses could include duplex or triplex apartments, a small private nursing home, a private inpatient rehabilitation facility, a drug treatment facility, or a homeless shelter, among many others. For specific zoning information and permitted uses under the MU-2 zoning designation, please contact Troy Planning and Zoning. This property offers exceptional flexibility and significant return potential for the discerning investor. Priced at $225,000.
Cap rate
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.