Reidsville, NC 27320,1404 Front Street
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Reidsville, NC 27320,1404 Front Street
Reidsville, NC 27320,1404 Front Street
Reidsville, NC 27320,1404 Front Street
Reidsville, NC 27320,1404 Front Street
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Listed by CENTURY 21 The Knowles Team
$ 795,000
Est. payment /mo
New

1404 Front Street Reidsville, NC 27320

3,832 SqFt


UPDATED:

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

Abv Grd Liv Area 3,832

Year Built 2001

Annual Tax Amount $5,485

Lot Size 0.740 Acres

Acres 0.74

Property Sub-Type Office

Source Triangle MLS

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

Direction 1404 & 1406 Front Street, Reidsville NC 27320

Interior

Heating Heat Pump

Cooling Central Air

Flooring Carpet, Wood

Laundry None

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Street Surface Asphalt

Handicap Access Accessible Entrance

Private Pool No

Building

Lot Description City Lot, Landscaped

Faces 1404 & 1406 Front Street, Reidsville NC 27320

Story 1

Foundation Permanent

Water Public

Level or Stories 1

Structure Type Brick

New Construction No

Others

Tax ID 142565

Special Listing Condition Standard

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Doorify MLS / Triangle MLS
agent

Choices Team

Broker | License ID: 311950

+1(919) 322-8090

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1404 Front Street