140 Main StOxford, NC 27565
- Retail properties
- 5,311 SF
Property Details for 140 Main St
- Year built
- 1970
- Lot size
- 0.74 AC
- Property size (Sq ft)
- 5,311 SF
- Property type
- Retail properties
- Property subtype
- Banks
- APN
- 192317122158
- APU
- 192317122158
Description
This exceptional 8,726 square foot commercial building, situated on a 0.74-acre lot in historic downtown Oxford, NC, presents a unique investment opportunity. Previously a bank, this adaptable space, renovated in 2000, offers versatile potential for various uses, including multiple offices, a daycare center, or other businesses. The property boasts a 47x21 tiled lobby, eleven glass-front offices (some 11x11), two 17x12 conference rooms, a 16x13 steel vault, plus two additional safes, a 17x10 break room, and a 46x7 electrical storage room. Two bathrooms are also included. The expansive lot features a 375-foot depth, a detached 250 square foot teller building, three covered drive-thrus, and 50 paved parking spaces, supplemented by ample street parking. Benefit from the extremely high traffic area adjacent to the post office and within walking distance of numerous businesses, restaurants, and shopping options. The property is ready for immediate occupancy. Lease terms are negotiable, with a minimum lease period of 3-5 years.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,166,981
- 6.5%
- $1,077,213
- 7%
- $1,000,269
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,072,099
- Geo Method
- $3,072,099
-
Alternative Use
- Use
- Valuation
- Residential
- $908,670
- Hospitality
- $832,336
- Educational
- $692,494
- Medical
- $716,310
- Retail
- $1,077,213
Location Insight
- City
- Oxford
- County
- Granville
- State
- North Carolina
- Latitude
- 36.3105
- Longitude
- -78.5885
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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