2300 Herritage St Kinston, NC 28501

This exceptional investment opportunity presents a three-unit traditional office complex located at 2300 N Heritage St, Kinston, NC 28501. The property boasts a total of 3,600 square feet, currently operating at 66% occupancy. Priced at $450,000, this Class C building offers a compelling net operating income (NOI) of $31,849, translating to an attractive 7.08% capitalization rate. The asking price of $125 per square foot reflects the strong potential for future growth and return on investment. Strategically situated near a high-traffic intersection in Kinston, this property benefits from excellent visibility and accessibility. Two of the three units are currently leased, providing immediate cash flow and a solid foundation for a new owner. The property's traditional office layout offers versatility and adaptability to a range of tenants. This is an ideal opportunity for investors seeking a stable, income-generating asset in a desirable location with significant upside potential. The property's strong NOI and prime location make it a compelling investment opportunity in the Kinston market. Further details are available upon request.