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123 S Main St 6,516 SF 100% Leased Retail Building Warrenton, NC 27589 $409,312 CAD ($62.82 CAD/SF)
INVESTMENT HIGHLIGHTS
- Mixed-Use Potential – Ideal for office, retail, and residential use.
- Proposed Layout – Plans include four bedrooms and two commercial spaces.
- Incentives Available – Eligible for Historical Tax Credits.
EXECUTIVE SUMMARY
Located in the heart of historic downtown Warrenton, this Main St/Market St property sits next to the Courthouse in a building dating back to 1835, famously known as ''The Red Brick Store'' the oldest structure on Main St. Featuring stunning hardwood floors, this property requires significant renovations but holds immense potential for office, retail, and residential use with town approval. Proposed plans suggest a layout with four bedrooms and two commercial spaces, with Historical Tax Credits available.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,516 SF
Building Class
B
Year Built
1835
Price
$409,312 CAD
Price Per SF
$62.82 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.36
Lot Size
0.11 AC
Zoning
N-B - N-B (Neighborhood Business) with potential of rezoned to Mixed use.
Frontage
52’ on S Main St
AMENITIES
- Corner Lot
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | E6B255 | Improvements Assessment | $286,105 CAD |
| Land Assessment | $47,077 CAD | Total Assessment | $333,183 CAD |
PROPERTY TAXES
Parcel Number
E6B255
Land Assessment
$47,077 CAD
Improvements Assessment
$286,105 CAD
Total Assessment
$333,183 CAD
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123 S Main St
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