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30051385
30051412

105 W Main St, Elkin, NC 28621 For Sale

RB
NC 184573
Underdown Ball & Associates LLC
Listed by Underdown Ball & Associates LLC
$749,000
141 days on market
Updated 22 days ago

Ferraro Building

Details
APN 495114420696
Property Type Mixed Use, Multifamily (+2)
Sub Type Creative Office, Storefront (+1)
Square Footage 7,611
Units 3
Price per SqFt $98
Year Built 1905
Stories 2
Zoning DMX

Mixed Use | 7,611 SqFt

Marketing description

Located in the heart of Historic Downtown Elkin at 105 W. Main Street, this distinguished two-story brick commercial building blends architectural character with modern mixed-use functionality. Old photographs suggest the structure may date as early as 1905, and it was certainly in existence by the late 1930s when it operated as a hardware store. The 1915 Sanborn Map confirms its early commercial use. Architecturally, the building remains one of the more intact facades on Main Street, featuring classical cast-iron pilasters, a deeply recessed entrance, double-leaf doors, and a luxor-prism transom. The second story is divided into three bays with round-arched windows and stone keystones, while the upper façade showcases three slightly recessed panels accented with diamond-shaped stone details.

Today, the main level—approximately 2,986 square feet—is home to an upscale antique store with strong street visibility and walkable appeal. The second level includes two loft-style apartments totaling approximately 2,375 square feet, offering excellent residential income potential or owner-occupant flexibility. The 2,250-square-foot basement, accessible from both the rear alley and interior retail space, features concrete floors, two older restrooms, and versatile unfinished space ideal for storage, workshop use, or future improvements. The building is heated and cooled by electric heat pumps, has a new roof, and natural gas is available in the rear alley.

This property presents a rare opportunity to own a partially owner-occupied building or investment asset in one of Elkin’s most vibrant and historic downtown corridors. Call for rental information and additional details.

Listing Contacts

RB
NC 184573
Underdown Ball & Associates LLC
Listed by Underdown Ball & Associates LLC

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