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1505 E Ash St 2,182 SF 100% Leased Office Building Goldsboro, NC 27530 $828,645 CAD ($379.76 CAD/SF) 3.99% 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 |
$104,584
|
$47.93
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$968
|
$0.44
|
| Effective Gross Income |
$103,615
|
$47.49
|
| Taxes |
$3,041
|
$1.39
|
| Operating Expenses |
$15,557
|
$7.13
|
| Total Expenses |
$18,598
|
$8.52
|
| Net Operating Income |
$85,017
|
$38.96
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $104,584 |
| Annual Per SF | $47.93 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $968 |
| Annual Per SF | $0.44 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $103,615 |
| Annual Per SF | $47.49 |
| Taxes (CAD) | |
|---|---|
| Annual | $3,041 |
| Annual Per SF | $1.39 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $15,557 |
| Annual Per SF | $7.13 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $18,598 |
| Annual Per SF | $8.52 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $85,017 |
| Annual Per SF | $38.96 |
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
$828,645 CAD
Price Per SF
$379.76 CAD
Cap Rate
3.99%
NOI
$33,063 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
1 1
1 of 26
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1st Choice Associates, LLC
1505 E Ash St
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