300 Hamilton StEden, NC 27288

Property Details for 300 Hamilton St

Year built

1969

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.63 AC

Property size (Sq ft)

3,442 SF

Zone code

GEN BUS EDEN

Property type

Retail properties

Property subtype

Retail space

APN

7070-18-20-8995-00

APU

70701820899500

Description

This vacant, 3,442-square-foot mixed-use building in Eden, North Carolina, presents a compelling investment opportunity. Located at 300 Hamilton St, this Class C property boasts a prominent corner location at the intersection of Hamilton and Henry Streets, offering excellent street visibility and accessibility from both roads. Originally designed as a restaurant, its versatile zoning (BG/ED) allows for a wide range of commercial uses. The property includes ample parking for customer and employee convenience. Recent improvements include a front and middle roof replacement this year, while the rear roof is approximately 10 years old. The 0.62-acre lot provides significant space. The asking price is $185,000, translating to $53.75 per square foot. The property's tax value is $165,654. This is a rare chance to acquire a well-situated commercial property in a growing area, ready for immediate occupancy and customization to suit your business needs. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $555,113

  6.5%

  $512,412

  7%

  $475,811

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,100,996

  Geo Method

  $1,990,993

• Alternative Use

  Use

  Valuation

  Residential

  $432,239

  Hospitality

  $395,928

  Educational

  $329,408

  Medical

  $340,736

  Retail

  $512,412

Location Insight

City

Eden

County

Rockingham

State

North Carolina

Latitude

36.4976

Longitude

-79.7726

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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