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31141694
30888983

215 W Bassett St, Rocky Mount, NC 27803 For Sale

KG
$149,000
132 days on market
Updated 86 days ago

215 W Bassett Street

Details
Property Type Office, Retail
Sub Type Storefront
Square Footage 2,164
Units 4
Tenancy Multi
Price per SqFt $69
Class C
Year Built 1962
Acreage 0.110

Office | 2,164 SqFt

Marketing description

Value-Add Retail Investment Opportunity | 4 Units | Rocky Mount, NC

Excellent opportunity to acquire a four-unit retail building with strong value-add potential in Rocky Mount. The property currently has one unit leased, providing immediate income, while the remaining three units are ready for light renovation, offering investors the chance to increase rents and significantly improve cash flow.

Major exterior improvements have already been completed, including a new roof, renovated exterior, and new front awning, helping reduce near-term capital expenditures.

With multiple storefronts and flexible retail space, this property is well positioned for a variety of tenants such as small retail, service businesses, or local offices.

Investment Highlights
• 4 retail units
• 1 unit currently leased
• 3 units ready for light renovation
• Exterior recently renovated
• New roof
• New front awning
• Value-add opportunity through lease-up and renovation
• Strong upside potential for increased NOI

Perfect for investors seeking a small multi-tenant retail asset with stabilization potential and long-term income growth.

Listing Contacts

KG

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Additional Information

Name
Kathryn Greisiger
License
351181
Brokerage
Alluvium Elite Realty
Brokerage Phone
252-469-8333
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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