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Posted: Friday, December 15, 2017 11:31 AM

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Beautiful property in the historic district in downtown Clayton. If you know anything about Clayton, you know Main street is the place to be, this property is on Main, less than a 1/2 mile from the center of downtown. Most of these older homes in the area have been rezoned and have been converted to attorney's offices, Real Estate offices, Taverns, and other various small businesses. This property is a great opportunity for positive monthly cash flow as office space and high potential for appreciation with minimal repairs & updates.

Zoned: Office & Institutional
1,748sqft Main level
604sqft Upstairs
Built: 1900
Acres: 0.15

Very good condition: Property has been kept up fairly well, Hardwoods throughout are in good condition, Roof only a few years old.

Property needs: Since any tenant would likely build to suit, most of the work would be on the exterior to allow for parking logistics. Interior would need minimal work, removing the kitchen, new fixtures, some drywall & paint.

ARV: $230,000.00
Market Rents: $16-$17/sqft (approx 2700/mo.)

We're looking for investment partners or you can buy it outright
at: $140,000.00 o.b.o


This deal will not last long, I am sending it out to my VIP buyers list to give you first right of refusal at a discounted price. If the property does not sell quickly I will put it on the MLS at $149,900.

Call or email for full address... Do your own Due Diligence...

27520    google map | yahoo map

• Location: Clayton, NC, Raleigh / Durham

• Post ID: 55564582 raleigh
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