1404 Front Street Active Save Request In-Person Tour Request Virtual Tour
Reidsville,NC 27320
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,832 sqft
Price per Sqft $207
MLS Listing ID 10102082
Style Office
Year Built 2001
Annual Tax Amount $5,485
Lot Size 0.740 Acres
Property Sub-Type Office
Property Description
Are you seeking an investment that consistently generates returns? This is a perfect opportunity to own prime real estate with tenants already in place! Where else could you invest $795,000 and earn a monthly return of $5,572? The property is currently occupied by solid long-term tenants, and a rent increase is expected within the next 4 to 9 months extending leases to 2028 and 2030. This all-brick building requires minimal maintenance. The owner is responsible for certain expenses, including utilities (electricity, water, and lawn maintenance), which total $800 per month, as well as annual taxes of $5,800 and insurance costs of $1,700 per year. SHOWN BY APPOINTMENT ONLY! NO DRIVE BY! 1404 Front Street 2547 square foot & 1406 Front Street 1045 square foot.
Location
State NC
County Rockingham
Zoning OI/RD
Interior
Heating Heat Pump
Cooling Central Air
Flooring Carpet,Wood
Laundry None
Exterior
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Roof Type Shingle
Building
Lot Description City Lot,Landscaped
Story 1
Foundation Permanent
Water Public
Structure Type Brick
New Construction No
Others
Special Listing Condition Standard
Virtual Tour https://tours.everythingfromabove.com/2328692?idx=1