For Sale
$225,000

126 Main St Mount Gilead, NC 27306

Historic Main Street retail opportunity. High potential income.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional commercial property, located at 126 N Main St, Mount Gilead, NC 27306, presents a unique investment opportunity. The 2,700 to 14,278 square foot multi-level building, constructed in 1944, sits on a 0.09-acre lot (APN 7503-13-04-5987) in Montgomery County. Currently configured as a storefront/antique shop, the property boasts original wood floors and trim, offering an inviting, old-world charm. The basement features individually leased storage spaces, generating supplemental income. The property is zoned for city use and has a functioning elevator compliant with current regulations. According to the seller, a portion of the ground floor and the second floor could be adapted for residential use, expanding the property's versatility. This prime location on historic Main Street offers significant potential for growth and diverse uses, making it an attractive investment at an asking price of $225,000. The property's size and existing income stream make it an ideal choice for a savvy investor seeking a strong return.

Highlights

  • $225,000 asking price.
  • Retail and land property type, commercial subtype.
  • 2,700 - 14,278 square feet.
  • 1944 year built.
  • City zoning.
  • 0.09-acre lot size.

Property Details for 126 Main St

Property type
Retail properties, Land
Square Feet
2,700 SF
Year Built
1944
Lot Size (sq. ft)
3,920 SF

Location Insight

City
Mount Gilead
County
Montgomery
State
North Carolina
Latitude
35.2159161
Longitude
-80.0022659

FAQs

What type of property is this?
Retail property - Historic Main Street retail opportunity. High potential income.
Where is the retail property located?
The property is located at 126 Main St Mount Gilead, NC.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: $225,000 asking price.; Retail and land property type, commercial subtype.; 2,700 - 14,278 square feet.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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126 Main St
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