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1505 E Ash St 2,182 SF 100% Leased Office Building Goldsboro, NC 27530 $472,863 CAD ($216.71 CAD/SF) 10.41% Cap Rate
Investment Highlights
- Large Reception area
- Full bathroom and 1/2 bath upstairs
- 9 Spacious offices, 6 offices 1st floor / 3 offices 2nd floor
Executive Summary
Well-maintained stand-alone brick office building featuring nine private offices and a large reception area ideal for professional, medical, or administrative use. The property offers on-site parking with a small rear parking lit plus two front parking spaces, all accessible via a shared driveway for easy ingress and egress. Solid brick construction, efficient layout, and strong street presence make this a versatile space ready for immediate occupancy. Perfect for businesses seeking a private, self-contained office setting in a convenient location.
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$103,349
|
$47.36
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$957
|
$0.44
|
| Effective Gross Income |
$102,392
|
$46.93
|
| Taxes |
$3,005
|
$1.38
|
| Operating Expenses |
$15,374
|
$7.05
|
| Total Expenses |
$18,379
|
$8.42
|
| Net Operating Income |
$84,013
|
$38.50
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $103,349 |
| Annual Per SF | $47.36 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $957 |
| Annual Per SF | $0.44 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $102,392 |
| Annual Per SF | $46.93 |
| Taxes (CAD) | |
|---|---|
| Annual | $3,005 |
| Annual Per SF | $1.38 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $15,374 |
| Annual Per SF | $7.05 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $18,379 |
| Annual Per SF | $8.42 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $84,013 |
| Annual Per SF | $38.50 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Building Size
2,182 SF
Building Class
C
Year Built
1946
Price
$472,863 CAD
Price Per SF
$216.71 CAD
Cap Rate
10.41%
NOI
$49,214 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,091 SF
Building FAR
0.21
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
O&I - Permitted uses are professional offices or business offices, institutional uses and other non-retail office-type uses. I.E. Lawyer, real estate, etc.
Parking
9 Spaces (6 Spaces per 1,000 SF Leased)
Amenities
- Reception
- Air Conditioning
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
1st Choice Associates, LLC
1505 E Ash St
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