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720 W Main St 11,240 SF 67% Leased Office Building Jamestown, NC 27282 $1,462,626 CAD ($130.13 CAD/SF) 5.57% Cap Rate
Investment Highlights
- Immediate in-place income
- Prominent street frontage with strong daily traffic counts
- Significant potential upside
Executive Summary
This beautiful property consists of six office spaces across three different buildings, a red building, a yellow building, and a green building. Four of the office spaces are leased, providing immediate in-place income, and two of are vacant, offering significant potential upside. The leased offices include a dentist office, a healthcare office, a law office, and a space used for social gatherings. This asset is well-suited for investors seeking a balanced profile of current yield and future growth potential. In-place NOI: $59,564.86.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
11,240 SF
Building Class
C
Year Built/Renovated
1834/1982
Price
$1,462,626 CAD
Price Per SF
$130.13 CAD
Cap Rate
5.57%
NOI
$81,422 CAD
Percent Leased
67%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,620 SF
Building FAR
0.25
Lot Size
1.03 AC
Zoning
C - Commercial
Amenities
- Bus Line
- Signage
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ben Farmer Attorney
- Professional, Scientific, and Technical Services
-
99,999 SF
- -
- -
- Buelleau
- Arts, Entertainment, and Recreation
-
99,999 SF
- -
-
Jan 0000
- Prosper Healthcare and Consulting
- Health Care and Social Assistance
-
99,999 SF
- -
-
Jan 0000
- Ray Beshears DDS
- Health Care and Social Assistance
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ben Farmer Attorney | Professional, Scientific, and Technical Services | 99,999 SF | - | - | ||
| Buelleau | Arts, Entertainment, and Recreation | 99,999 SF | - | Jan 0000 | ||
| Prosper Healthcare and Consulting | Health Care and Social Assistance | 99,999 SF | - | Jan 0000 | ||
| Ray Beshears DDS | Health Care and Social Assistance | 99,999 SF | - | Jan 0000 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $870,083 CAD | |
| Land Assessment | $306,807 CAD | Total Assessment | $1,593,944 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$306,807 CAD
Improvements Assessment
$870,083 CAD
Total Assessment
$1,593,944 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Atlantic Insurance & Realty Co
720 W Main St
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