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637-639 Washington St 2,984 SF 100% Leased Retail Building Eden, NC 27288 $852,356 CAD ($285.64 CAD/SF) 7.50% Cap Rate
Investment Highlights
- heavy foot traffic
- renovated
- rental increase potential
Executive Summary
Prime downtown locations, steady foot traffic, and established tenants create a strong foundation for cash flow, while residential units provide consistent rental income with opportunity to raise rental rates. Take advantage of the opportunity to get a bulk deal with up to FOUR buildings on the same strip. All mixed-use properties that offer flexibility, stability, and room for growth.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,984 SF
Building Class
C
Year Built/Renovated
1922/2021
Price
$852,356 CAD
Price Per SF
$285.64 CAD
Cap Rate
7.50%
NOI
$63,927 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.88
Lot Size
0.08 AC
Zoning
BC/ED - CB/RD Mixed use property
Parking
12 Spaces (4.02 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 137557 | Improvements Assessment | $72,174 CAD |
| Land Assessment | $15,214 CAD | Total Assessment | $87,388 CAD |
Property Taxes
Parcel Number
137557
Land Assessment
$15,214 CAD
Improvements Assessment
$72,174 CAD
Total Assessment
$87,388 CAD
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637-639 Washington St
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