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213 S Wright St 1,430 SF Retail Building Burgaw, NC 28425 $414,750 CAD ($290.03 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Historic District
- Open Floor plan with Large Deck and Fenced Backyard
- High Traffic Area
EXECUTIVE SUMMARY
An Investment Opportunity with Built-In Income
This versatile commercial building is located in the heart of downtown Burgaw's historic district and offers an exceptional opportunity for investors or business owners. With a current tenant in place through August and a strong desire to renew, this property presents immediate income and long-term potential.
Property Features:
Wide open interior layout perfect for retail, office, or dining
Small kitchen area for staff or service use
Separate men's and women's restrooms
Expansive front deck ideal for outdoor seating or displays
Large fenced backyard backing to alley access
High visibility location with walkable access to shops, restaurants, and community attractions
Whether you're looking to expand your investment portfolio or establish a business in a growing small-town setting, this property delivers both charm and practicality.
Don't miss out on this rare chance to own a commercial building in one of Burgaw's most desirable areas.
This versatile commercial building is located in the heart of downtown Burgaw's historic district and offers an exceptional opportunity for investors or business owners. With a current tenant in place through August and a strong desire to renew, this property presents immediate income and long-term potential.
Property Features:
Wide open interior layout perfect for retail, office, or dining
Small kitchen area for staff or service use
Separate men's and women's restrooms
Expansive front deck ideal for outdoor seating or displays
Large fenced backyard backing to alley access
High visibility location with walkable access to shops, restaurants, and community attractions
Whether you're looking to expand your investment portfolio or establish a business in a growing small-town setting, this property delivers both charm and practicality.
Don't miss out on this rare chance to own a commercial building in one of Burgaw's most desirable areas.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$24,885
|
$17.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$24,885
|
$17.40
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $24,885 |
| Annual Per SF | $17.40 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $24,885 |
| Annual Per SF | $17.40 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,430 SF
Building Class
B
Year Built
2001
Price
$414,750 CAD
Price Per SF
$290.03 CAD
Cap Rate
6%
NOI
$24,885 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.14 AC
Zoning
INCORP - Zone B1, Restaurant, Bar, Office, Retail, Flex Space
Frontage
39’ on Wright St
AMENITIES
- 24 Hour Access
- Fenced Lot
- Signage
- Storage Space
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Little Town Learning
- Services
- 720 SF
- -
- Aug 2025
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Little Town Learning | Services | 720 SF | - | Aug 2025 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3229-32-2488-0000 | Improvements Assessment | $113,897 CAD |
| Land Assessment | $64,574 CAD | Total Assessment | $178,471 CAD |
PROPERTY TAXES
Parcel Number
3229-32-2488-0000
Land Assessment
$64,574 CAD
Improvements Assessment
$113,897 CAD
Total Assessment
$178,471 CAD
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213 S Wright St
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