225 Hamilton StEden, NC 27288

Property Details for 225 Hamilton St

Year built

1946

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.46 AC

Property size (Sq ft)

5,450 SF

Zone code

GEN BUS EDEN

Property type

Retail properties

Property subtype

Auto shops

APN

7070-18-21-6598-00

APU

70701821659800

Description

This exceptional industrial property at 225 Hamilton Street, Eden, NC, presents a unique investment opportunity. Priced at $229,000, the property features a substantial shop building equipped with four bays, a remaining lift, and a sizable office space. The versatility of this building is further enhanced by the potential for residential conversion of the upstairs area. This upper level includes a bedroom, a bathroom, and a kitchen, offering significant flexibility for live-work arrangements or additional rental income. A key advantage is the large fenced-in area, ideal for secure vehicle storage, particularly suited for towing businesses or similar operations. The property also includes a dedicated paint room, adding to its functionality and potential uses. The absence of a listed square footage allows for a flexible approach to various business needs. The property's location in Eden, NC, offers convenient access to local transportation routes and amenities. This property is well-suited for a variety of uses, from automotive storage and repair to light manufacturing or warehousing. The combination of shop space, office area, potential residential space, and secure yard makes this a truly versatile and attractive investment. Serious inquiries are encouraged to explore the full potential of this unique property.

• CAP approach

  CAP return

  Valuation

  6%

  $878,956

  6.5%

  $811,344

  7%

  $753,390

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,743,297

  Geo Method

  $3,152,502

• Alternative Use

  Use

  Valuation

  Residential

  $684,399

  Hospitality

  $626,906

  Educational

  $521,578

  Medical

  $539,516

  Retail

  $811,344

Location Insight

City

Eden

County

Rockingham

State

North Carolina

Latitude

36.4994

Longitude

-79.7732

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].