




Listed By CENTURY 21 The Knowles Team
The Office for Sale located at 1404 & 1406 Front Street, Reidsville, North Carolina 27320 is currently for sale. 1404 & 1406 Front Street, Reidsville, North Carolina 27320 is listed for $795,000.
$795,000 USD
Office for Sale, 1404 & 1406 Front Street, Reidsville, North Carolina 27320
- MLS#1182701
- Minimum sellable space
356 m² (3,832 ft²)
Property features
Property
- Property size:
356 m² (3,832 ft²) - Type: Office Building
Lot/Land
- Land/Lot size:
2,995 m² (0.74 ac) - Lot description: Road Access
Construction
- Year built: 2001
- Roofing: Composition/shingle
- Construction: Brick
Interior Features
- Floors: HardwoodWall To Wall Carpeting
Heating and Cooling
- Heating system: Heat PumpElectric
- Cooling system: Central AC
Utilities
- Other utilities: City WaterCity Sewer
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
1404 & 1406 Front Street, Reidsville, North Carolina 27320