215-221 W Bassett St 2,154 SF 25% Leased Retail Building Rocky Mount, NC 27803 $246,999 CAD ($114.67 CAD/SF)

Value-Add Retail Investment Opportunity | 4 Units | Rocky Mount, NC
Excellent opportunity to acquire a four-unit retail building with strong value-add potential in Rocky Mount. The property currently has one unit leased, providing immediate income, while the remaining three units are ready for light renovation, offering investors the chance to increase rents and significantly improve cash flow.
Major exterior improvements have already been completed, including a new roof, renovated exterior, and new front awning, helping reduce near-term capital expenditures.
With multiple storefronts and flexible retail space, this property is well positioned for a variety of tenants such as small retail, service businesses, or local offices.
Investment Highlights
• 4 retail units
• 1 unit currently leased
• 3 units ready for light renovation
• Exterior recently renovated
• New roof
• New front awning
• Value-add opportunity through lease-up and renovation
• Strong upside potential for increased NOI
Perfect for investors seeking a small multi-tenant retail asset with stabilization potential and long-term income growth.
Private MLS Agent Remarks
(Only visible to agents – good place for numbers and strategy)
Value-add investment opportunity with four retail units. One unit currently leased; three units vacant and ready for light renovation. Exterior renovations already completed including new roof and new awning. Strong potential to increase rents once remaining units are improved and leased.
Based on market rents, units could potentially lease around $750/month per unit, offering strong upside once stabilized. Great opportunity for investors looking to build equity through light renovation and lease-up.
Contact listing agent for additional details or to schedule a showing.