This unique mixed-use property at 247 W Kings Hwy, Eden, NC 27288, presents a compelling investment opportunity. The building, constructed in 1970, boasts a total area ranging from 4,700 to 5,600 square feet and sits on a single story. The front portion, approximately 3,600 square feet, is currently configured as a restaurant featuring recent upgrades including updated wiring and plumbing, a tankless hot water heater, a new grease trap, a fire suppression system, epoxied kitchen flooring, and new tables and chairs. The rear section, approximately 1,600 square feet, functions as a medical office, complete with a waiting room, reception area, six exam rooms, a private office, two half baths, and a storage room. The property is zoned for mixed use and includes ample parking with 50 spaces. A 2021 appraisal valued the property at $545,000, prior to the aforementioned renovations. The asking price for this turnkey investment is $495,000. The property's APN is 167870. This property is located in Rockingham County and offers significant potential for a strong return on investment.
Property Details
for 247 Kings Hwy
Property type
Retail properties, Office properties
Square Feet
4,700 SF
Year Built
1970
Stories
1
Location Insight
City
Eden
County
Rockingham
State
North Carolina
Latitude
36.492179200065
Longitude
-79.746527726856
247 Kings Hwy, Eden, North Carolina
Nearby Similar for Sale
For Sale
$671,653
Eden, NC Medical Office Investment
High-Cap Rate Medical Office Building, 100% Occupied
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Contacts
Michael McCollum
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247 Kings Hwy, Eden, North Carolina, 27288
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
247 Kings Hwy
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