
Coldwell Banker Howard Perry and Walston
Listed by Coldwell Banker Howard Perry and Walston
$625,000
420 Paul Street
Details
Property Type Special Purpose
Sub Type Other
Square Footage 10,000
Year Built 1957
Lot Size (SqFt) 39,639
Special Purpose | 10,000 SqFt
Marketing description
Formerly the Salvation Army, this versatile building offers exceptional potential for a wide range of uses. With its generous square footage and open floor plan, it can be easily adapted into classrooms, training facilities, professional office suites, collaborative workspaces, or creative studios. Multiple rooms provide flexible layouts—ideal for educational programs, business incubators, community services, or specialty services. The property features two kitchen areas, multiple restrooms, and a newly painted exterior, making it well-suited for high-traffic operations and convenient for multi-tenant use. Investors will appreciate the strong potential for subleasing, generating additional revenue while occupying only part of the space. Structurally sound and improved over the years, the building is move-in ready, allowing buyers to focus their resources on customizing the space to fit their vision. Ample parking and a practical layout ensure smooth daily operations. Located on Paul Street in the heart of Rocky Mount, the property offers both visibility and accessibility—perfect for organizations that want to stay connected to the community they serve. Whether you're envisioning a child care center, medical or professional offices, a non-profit hub, shared workspace, training facility, or specialty retail concept, this property provides the flexibility to bring your vision to life. Its adaptability and strong fundamentals make it a smart investment with both immediate usability and long-term growth potential.
Listing Contacts

Coldwell Banker Howard Perry and Walston
Listed by Coldwell Banker Howard Perry and Walston
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
R-6MFA ResidentialMulti FamilyMedium Density Multifamily Residential District
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 80 uses
View all 80 uses Last updated Jan 15, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?




































