206 Main StJamestown, NC 27282

Property Details for 206 Main St

Year built

1922

Construction

FRAME

Lot size

1.03 AC

Property size (Sq ft)

2,124 SF

Zone code

MS

Property type

Office properties

Property subtype

Other office properties

APN

160219

APU

160219

Description

This exceptional 100-year-old building, located at 206 E Main Street in the charming town of Jamestown, NC, presents a unique investment opportunity. Previously occupied by a boutique shop, this property is ideally suited for a variety of office or retail uses. The building boasts significant road frontage, ensuring high visibility and accessibility for potential customers. The interior layout is adaptable and ready for immediate occupancy, offering a blend of historical charm and modern functionality. The asking price is $675,000. Beyond the main building, a charming gazebo situated in the rear of the property provides an added bonus, potentially serving as an outdoor venue or relaxing space. This versatile property offers a rare combination of historical significance, prime location, and unique outdoor space, making it an attractive proposition for discerning buyers seeking a distinctive commercial property in a thriving community. The property sits on a 0-acre lot. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this remarkable building offers. The property is currently vacant and ready for a new tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $233,028

  6.5%

  $215,103

  7%

  $199,738

• Comparable approach

  Method

  Valuation

  Relative Method

  $269,606

  Geo Method

  $487,543

• Alternative Use

  Use

  Valuation

  Residential

  $266,727

  Hospitality

  $244,321

  Educational

  $203,272

  Medical

  $210,263

  Retail

  $316,201

Location Insight

City

Jamestown

County

Guilford

State

North Carolina

Latitude

35.9961

Longitude

-79.9348

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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