615 S Madison St 4,500 SF Retail Building Whiteville, NC 28472 $695,135 CAD ($154.47 CAD/SF)

615 S. Madison St., Whiteville, NC is available for sale. This 3,460± SF historic downtown building is currently leased to the North Carolina Department of Health and Human Services, offering investors a rare opportunity to acquire an asset backed by one of the most creditworthy tenants available. The Tenant is currently within a 7-year initial lease term with approximately two years remaining, along with three (3) additional five-year renewal options.
The property underwent extensive renovations in 2020–2021 to accommodate the Tenant’s operational needs while preserving the character of the historic structure. The building features dual access points, including a traditional storefront entrance along S. Madison Street and a secondary rear entrance with direct access to the on-site parking area.
This offering presents a unique investment opportunity in the heart of downtown Whiteville with stable tenancy and long-term upside potential. The lease is structured as a full-service lease, and additional lease details are available upon request.
Please do not disturb the Tenant. Contact Broker for additional information or to arrange a property tour.
Property will be subject to subdivision from parent parcel prior to closing.