200 Main StWilliamston, NC 27892

Property Details for 200 Main St

Lot size

1.11 AC

Zone code

CD

Property type

Retail properties

Property subtype

Outlet malls

APN

500356

APU

500356

Description

This exceptional commercial property, located at 200 W MAIN Street in Williamston, North Carolina, presents a unique investment opportunity. Boasting a substantial 17,394 square feet of space, this property sits on a generous 1.11-acre lot, offering ample room for expansion or outdoor activities. The building's versatile "Other" classification allows for a wide range of potential uses, making it ideal for businesses seeking a prominent location with significant space. Its prime position on West Main Street ensures high visibility and accessibility, attracting considerable foot and vehicle traffic. The asking price of $445,000 represents a compelling value for a property of this size and location in Williamston. The property's substantial square footage and ample land provide significant potential for future development or adaptation to suit a variety of commercial needs. This is a rare opportunity to acquire a substantial commercial property in a thriving North Carolina town. The property's size and location make it an attractive prospect for businesses seeking a strong presence in the Williamston market. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate occupancy and offers a blank canvas for a discerning buyer to create a thriving business.

• CAP approach

  CAP return

  Valuation

  6%

  $13,175,275

  6.5%

  $12,161,792

  7%

  $11,293,093

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,662,562

  Geo Method

  $27,943,318

• Alternative Use

  Use

  Valuation

  Residential

  $10,258,927

  Hospitality

  $9,397,122

  Educational

  $7,818,295

  Medical

  $8,087,178

  Retail

  $12,161,792

Location Insight

City

Williamston

County

Martin

State

North Carolina

Latitude

35.8542

Longitude

-77.0573

Property Tax & Assessments

FAQs

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