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Investment Highlights

  • Storefront retail/office situated in the bustling downtown Reidsville district.
  • Newer roof and HVAC
  • Would be great restaurant
  • While being partially renovated, this 9,400 SF, 3-story brick building retains its historic charm
  • Property may be eligible for Historic Tax credits
  • Soaring ceilings

Executive Summary

This standout downtown property blends timeless historic character with modern upgrades, featuring soaring ceilings, a newer roof, and updated HVAC already in place. Rich in charm and full of potential, it’s the perfect canvas for a restaurant or retail concept—just needs a little TLC to truly shine. Potential historic tax credits add even more upside. Owner wants it sold, call for a tour today. Thank you!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,905 SF
Building Class
C
Year Built
1900
Price
$523,081 CAD
Price Per SF
$88.58 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.51
Lot Size
0.09 AC
Zoning
CB/RD - Central Business
Parking
6 Spaces (1.02 Spaces per 1,000 SF Leased)
Frontage
55’ on Gilmer St
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100

Nearby Major Retailers

Wells Fargo Bank
Truist
First Citizens Bank

Property Taxes

Property Taxes

Parcel Number
154923
Land Assessment
$33,747 CAD
Improvements Assessment
$81,051 CAD
Total Assessment
$114,798 CAD
  • Listing ID: 35111933

  • Date on Market: 2025-03-12

  • Last Updated:

  • Address: 100-102 Gilmer St, Reidsville, NC 27320

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