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Investment Highlights

  • ±3,240 SF two-story office/medical building with flexible layout ideal for owner-user or investment income opportunity
  • Well-maintained property suited for medical, professional services, insurance, counseling, or administrative offices
  • Strong value-add opportunity with potential to occupy, lease one level, or fully lease for stabilized income stream
  • Each level offers ±1,620 SF of move-in ready space, allowing dual tenancy or single-user full occupancy flexibility
  • Convenient Reidsville location near downtown with easy access to US-29 and regional Greensboro–Danville corridor
  • For additional information please contact broker Jason E. Smith at (336) 709-6745.

Executive Summary

1203 Northup Street in Reidsville, North Carolina offers a well-maintained ±3,240 SF two-story office building positioned in a convenient and accessible location within the city’s established professional corridor. The property is ideally suited for an owner-user, medical practice, or investor seeking flexible space with strong leasing potential.
The building is efficiently configured with approximately ±1,620 SF on each level, allowing for a variety of occupancy strategies. An owner-user can occupy the entire building, or alternatively occupy one level while leasing the other to generate offsetting income. This flexibility makes the property attractive to both end users and small investors looking for value-add upside with income stability.
The interior layout supports a wide range of professional and medical uses, including healthcare, counseling, legal, financial services, and general office applications. The space is functional and adaptable, providing a practical layout that can accommodate multiple tenants or a single user with minimal reconfiguration.
Strategically located near downtown Reidsville, the property offers convenient access to US-29, connecting directly to Greensboro and the greater Triad region to the south and Danville, Virginia to the north. This regional connectivity enhances its appeal for businesses serving a broader geographic client base.
Overall, 1203 Northup Street presents a compelling opportunity for users and investors seeking a versatile, well-located office asset with strong usability, income potential, and long-term positioning within an established commercial corridor.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,240 SF
Building Class
B
Year Built
1977
Price
$424,643 CAD
Price Per SF
$131.06 CAD
Percent Leased
Vacant
Building Height
2 Stories
Typical Floor Size
1,620 SF
Building FAR
0.15
Lot Size
0.51 AC
Zoning
OI/RD - Office & Institutional
Parking
12 Spaces (3.7 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
169955
Land Assessment
$104,583 CAD
Improvements Assessment
$197,307 CAD
Total Assessment
$301,890 CAD
  • Listing ID: 39994987

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 1203 Northup St, Reidsville, NC 27320

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