1243 N. Patterson Avenue

Retail-Commercial for Sale
1243 N. Patterson Avenue
Catylist Listing ID: 30139257
Building Size (RSF): 13,660 SF
Gross Land Area: 0.61 Acres
Sale Price: $680,000
Unit Price: $49.78 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 7/11/2017

Overview / Comments

Take advantage of this net-leased investment property for sale in Winston-Salem, NC. 1243 N. Patterson Avenue was recently renovated and is located at a signalized intersection north of the rapidly expanding downtown area of Winston-Salem. This property is highly visible and easily accessible from both downtown and US-52 as it is located less than a half a mile from Exit 110D. The 13,100 sf +/- building houses two tenants, a gym and a dance studio, and each tenant is under lease until mid 2020. Please contact agent for additional lease terms and further information. 9.80% Cap Rate on current NOI.

Additional Details

Nearest MSA: Winston-Salem
County: Forsyth
Tax ID/APN: 6836-31-3319.00
Zoning: GB-S
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1928

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,534 81,042 170,548
Median Age: 35.53 34.15 35.38
Households: 6,462 31,104 68,240

Contact

Source

© Copyright North Carolina Commercial Information Exchange. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither North Carolina Commercial Information Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.