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103 W Anderson St 3,050 SF 100% Leased Retail Building Selma, NC 27576 $241,407 CAD ($79.15 CAD/SF)
Investment Highlights
- Historic property on the National Register of Historic Places
- Ideal for mixed-use, retail, o?ce, restaurant, or creative redevelopment
- Located within a federally designated Opportunity Zone
Executive Summary
Located in the heart of downtown Selma, 103 W. Anderson Street presents a unique redevelopment opportunity for
investors seeking long-term upside in one of Johnston County’s growing markets. Built in 1925, this historic commercial
property is registered within the National Register of Historic Places and is located in a federally designated Opportunity
Zone, potentially o?ering valuable tax advantages for qualified investors. Zoned CB (Central Business), the property allows
for a variety of commercial or mixed-use redevelopment possibilities. The building has already been demoed to shell
condition, creating a blank slate for redevelopment while preserving its historic character. Seller-provided materials include
structural design plans and limited structural inspection reports for the wood framing and masonry. Selma continues to
see growth driven by its proximity to the Raleigh market, expanding residential development, and ongoing downtown
revitalization e?orts. Area demographics project continued population and household growth, supporting long-term
investment potential.
investors seeking long-term upside in one of Johnston County’s growing markets. Built in 1925, this historic commercial
property is registered within the National Register of Historic Places and is located in a federally designated Opportunity
Zone, potentially o?ering valuable tax advantages for qualified investors. Zoned CB (Central Business), the property allows
for a variety of commercial or mixed-use redevelopment possibilities. The building has already been demoed to shell
condition, creating a blank slate for redevelopment while preserving its historic character. Seller-provided materials include
structural design plans and limited structural inspection reports for the wood framing and masonry. Selma continues to
see growth driven by its proximity to the Raleigh market, expanding residential development, and ongoing downtown
revitalization e?orts. Area demographics project continued population and household growth, supporting long-term
investment potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,050 SF
Building Class
C
Year Built
1925
Price
$241,407 CAD
Price Per SF
$79.15 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
2.24
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
COM
Frontage
21’ on Anderson St
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14028015A | Improvements Assessment | $153,404 CAD |
| Land Assessment | $20,129 CAD | Total Assessment | $173,534 CAD |
Property Taxes
Parcel Number
14028015A
Land Assessment
$20,129 CAD
Improvements Assessment
$153,404 CAD
Total Assessment
$173,534 CAD
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103 W Anderson St
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