One of two exceptional opportunities to acquire a stabilized commercial property in Downtown Elkin. This historic building underwent a complete renovation in 2011 and provides immediate and reliable cash flow with a cap rate exceeding 8% with a lease in place through 9/2030. Listing includes .23 acre parking lot off Market Street. Listing agent is employee of Seller. Small signage area on front of building is clad with EIFS.
| MLS # | 1199770 |
|---|---|
| Listing Type | For Sale |
| Building Name | Old Neaves Building |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 307 |
| Listing Provided By | Arcadia Real Estate Services | Claire St. Cyr |
| SQ Feet | 13,500 |
|---|---|
| Zoning | DMX |
| Sewer | Public Sewer |
|---|
| State | NC |
|---|---|
| County | Surry |
| City | Elkin |
| Zip Code | 28621 |
| Area | Surry |
| State | NC |
|---|---|
| County | Surry |
| City | Elkin |
| Zip Code | 28621 |
| Area | Surry |
![]() | $970,000119 Main StreetElkin, NC 28621 |
![]() | $849,999101 E Main StreetElkin, NC 28621 |