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308 N Main St 20,072 SF 100% Leased Retail Building Mount Airy, NC 27030 $3,804,763 CAD ($189.56 CAD/SF)
Investment Highlights
- large-scale, income-producing property in the heart of downtown Mount Airy
- beautiful hardwood floors, exposed brick and historic charm
- current tenants already in place with tremendous upside potential for future growth and increased revenue
Executive Summary
An exceptional opportunity to own a large-scale, income-producing property in the heart of downtown Mount Airy. Offering more than 21,000 square feet of rentable space, this impressive multi-level property features current tenants already in place with tremendous upside potential for future growth and increased revenue. Spanning five levels, the property provides a versatile mix of spaces ideal for retail, office, entertainment, hospitality, or mixed-use possibilities. A strong-performing restaurant currently occupies two of the five levels under an existing lease, creating immediate income and long-term stability for investors. Positioned in the center of one of North Carolina’s thriving downtown revitalization markets, this is a rare chance to invest in the continued growth and energy of downtown Mount Airy. Whether you are looking to expand your portfolio, reposition the asset, or redevelop a landmark property, the possibilities here are substantial. Will provide lease and financial information after proof of funds and confidentiality agreement is signed.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
20,072 SF
Year Built
1885
Price
$3,804,763 CAD
Price Per SF
$189.56 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.07
Lot Size
0.15 AC
Zoning
B1
Parking
3 Spaces (0.15 Spaces per 1,000 SF Leased)
Frontage
58’ on N Main Street
Moderately walkable
70/100
Moderately drivable
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5020-11-75-2410 | Improvements Assessment | $914,914 CAD |
| Land Assessment | $60,752 CAD | Total Assessment | $975,666 CAD |
Property Taxes
Parcel Number
5020-11-75-2410
Land Assessment
$60,752 CAD
Improvements Assessment
$914,914 CAD
Total Assessment
$975,666 CAD
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308 N Main St
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