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Salem Neckwear 116 W Academy St 8,100 SF Retail Building Randleman, NC 27317 $544,681 CAD ($67.24 CAD/SF)



Investment Highlights
- Building is fully heated and air conditioned.
- Hardwood floors & pressed tin ceiling on ground level.
- Roof was replaced in 2019.
Executive Summary
Great industrial/retail space in downtown Randleman. Ground floor has hardwood flooring, open manufacturing/retail area with 10' pressed tin ceiling, 2 offices and one restroom. Lower level is fully finished with 8' ceiling, concrete floor, one restroom. Roof was replaced in 2019. Building has 3 phase power.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$1,302
|
$0.16
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,302
|
$0.16
|
Financial Summary (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $1,302 |
| Annual Per SF | $0.16 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $1,302 |
| Annual Per SF | $0.16 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
8,100 SF
Building Class
C
Year Built
1955
Price
$544,681 CAD
Price Per SF
$67.24 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.81
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
B-1 - City of Randleman zoning
Amenities
- Storage Space
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 7765-13-6525 | Total Assessment | $115,238 CAD |
| Land Assessment | $24,614 CAD | Annual Taxes | $1,302 CAD ($0.16 CAD/SF) |
| Improvements Assessment | $90,624 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
7765-13-6525
Land Assessment
$24,614 CAD
Improvements Assessment
$90,624 CAD
Total Assessment
$115,238 CAD
Annual Taxes
$1,302 CAD ($0.16 CAD/SF)
Tax Year
2025
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Salem Neckwear | 116 W Academy St
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