$795,000
( $207.46Per Sq Foot )
 $4,514 est/mo Sourced by Back At You

1404 Front Street,Reidsville, NC 27320

Reidsville, NC 27320

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Description

Are you seeking an investment that consistently generates returns? This is a perfect opportunity to own prime real estate with tenants already in place! Where else could you invest $795,000 and earn a monthly return of $5,572? The property is currently occupied by solid long-term tenants, and a rent increase is expected within the next 4 to 9 months extending leases to 2028 and 2030. This all-brick building requires minimal maintenance. The owner is responsible for certain expenses, including utilities (electricity, water, and lawn maintenance), which total $800 per month, as well as annual taxes of $5,800 and insurance costs of $1,700 per year. SHOWN BY APPOINTMENT ONLY! NO DRIVE BY! 1404 Front Street 2547 square foot & 1406 Front Street 1045 square foot.

Details

MLS #10102082
Listing TypeFor Lease
StyleCommercial
StatusActive
Year2001
Days On Site9
Listing Provided ByCENTURY 21 The Knowles Team | Teresa Knowles

Features

SQ Feet3,832
Story(s)1
Building(s)1
ZoningOI/RD
Acreage0.74

Taxes

Property2589

Market Activity 27320

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Learn More About This Property

StateNC
CountyRockingham
CityReidsville
Zip Code27320
AreaRockingham
Listing VS Median (in 27320)
Price:
$795,000
low | high
Med:
$279,900
100% of Average
SqFt:
3,832
low | high
Med:
1,651
100% of Average
$ / SqFt:
$207
low | high
Med:
$170
68.253844421677% of Average
On site:
9
low | high
Med:
26.000000
34.615384615385% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $596K - $993K
SqFt: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
1404 & 1406 Front Street Property Photo 1
$795,000
1404 & 1406 Front Street
Reidsville, NC 27320
Listing Updated: June 11, 2025 at 1:26:44 PM PDT