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121 W Davis St
Burlington, NC 27215
Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- Downtown Burlington location within the central business district.
- Approximately 2,352 SF spanning two floors with a versatile event layout.
- Flexible floor plan suitable for weddings, private celebrations, and corporate functions.
- Fully leased to an established event venue operator with in-place income.
- Features include hardwood floors, natural light, and restrooms on both levels.
- Offered at $335,000 with an 8% cap rate, delivering immediate return potential.
Résumé de l'annonce
An attractive downtown investment opportunity is now available in Burlington’s vibrant central business district. This property is leased to an experienced event venue operator, offering an immediate in-place income stream with a noted history of successful operations and strong market demand.
The building spans approximately 2,352 square feet across two levels and features a flexible floor plan that accommodates various event types. Notable features include classic hardwood floors, restrooms on both levels, and abundant natural light. The layout supports functions such as weddings, celebrations, corporate gatherings, and other special events—driving consistent revenue and repeat bookings.
Located in the heart of Burlington, the property benefits from close proximity to retail, dining, and municipal destinations. With a competitive price of $335,000 and an attractive 8% cap rate, this asset offers stability as well as income growth potential for investors seeking a property with proven tenant performance and a versatile, durable use profile. Owner offers also up to 5-year lease back.
The building spans approximately 2,352 square feet across two levels and features a flexible floor plan that accommodates various event types. Notable features include classic hardwood floors, restrooms on both levels, and abundant natural light. The layout supports functions such as weddings, celebrations, corporate gatherings, and other special events—driving consistent revenue and repeat bookings.
Located in the heart of Burlington, the property benefits from close proximity to retail, dining, and municipal destinations. With a competitive price of $335,000 and an attractive 8% cap rate, this asset offers stability as well as income growth potential for investors seeking a property with proven tenant performance and a versatile, durable use profile. Owner offers also up to 5-year lease back.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Boutique
Taille du bâtiment
2 352 pi²
Classe d’immeuble
C
Année de construction
1930
Prix
461 677 $ CAD
Prix par pi²
196,29 $ CAD
Taux de capitalisation
8%
Revenu net d’exploitation
36 934 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,80
Taille du lot
0,03 AC
Zonage
B 3 - Business
Stationnement
3 places (1,28 places par 1 000 pi² loué)
Façade
Commodités
- Affichage
- CVCA contrôlé par le locataire
- Climatisation
Impôts fonciers
| Numéro de lot | 135591 | Évaluation des bâtiments | 122 876 $ CAD |
| Évaluation du terrain | 10 408 $ CAD | Évaluation totale | 133 284 $ CAD |
Impôts fonciers
Numéro de lot
135591
Évaluation du terrain
10 408 $ CAD
Évaluation des bâtiments
122 876 $ CAD
Évaluation totale
133 284 $ CAD
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