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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1197171
HOA Y/N No
Year Built 1921
Property Sub-Type Investment
Source Triad MLS
Property Description
Prime Investment Opportunity in Downtown Asheboro! Secure a strong income-producing property in the heart of Asheboro's vibrant downtown that has been renovated top to bottom. This 3,875 sq ft two-story building on sought-after Sunset Avenue is fully leased with two established tenants — one on the main level and one upstairs. Both tenants are under modified gross leases, providing consistent rental income while keeping ownership expenses manageable. The property benefits from excellent visibility, steady foot traffic, and close proximity to downtown dining, shopping, and attractions, making it an ideal long-term hold. Brand new HVAC in 2024 and meticulous updates with stable tenants already in place- investors can step into immediate cash flow and future appreciation potential in this prime location. Don't miss your chance to add a proven downtown asset to your portfolio.
Location
State NC
County Randolph
Building
Lot Description City Lot
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
New Construction No
Others
Special Listing Condition Owner Sale
Listed by Jenna McKenzie of McKenzie Real Estate of NC LLC
907 Country Club Dr, Lexington, NC, 27292, United States
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