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32241463
32241464

127 BARNES ST W, WILSON, NC 27893-3903

AA
NC NC# 282302
Green Valley Realty
Listed by Green Valley Realty
$1,025,000
34 days on market
Updated 32 days ago

The Edge

Details
APN 3722-20-5744.000
Property Type Multifamily, Mixed Use (+1)
Sub Type Apartment Building, Sports/Entertainment (+1)
Square Footage 4,050
Net Rentable (SqFt) 4,050
Units 3
Cap Rate 7.20%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Expiration 05/01/2026
Lease Options Month to Month lease with option to renew for 18 months or vacate
Class A
Year Built 1924
Year Renovated 2016
Buildings 1
Stories 1
Lot Size (SqFt) 2,504
Zoning NMX
Investment Type Owner/User
Tenant Credit No Credit Rating
Ground Lease No
Sale Condition For sale by owner

7.2% Cap Downtown Wilson

Marketing description

Mixed Use, Retail • 4,050 SF •

Welcome to one of downtown Wilson's most recognizable and creative spaces--the iconic Edge Building.This historic, century-old brick building has been thoughtfully restored and reimagined into a vibrant hub for art, creativity, and modern urban living. Perfectly positioned in the heart of downtown, you're just steps from the energy of Whirligig Park and Warbirds Stadium, surrounded by Wilson's growing arts and cultural scene.? Lower Level: A striking, open art studio and gallery space--previously hosting popular art shows and exhibitions. Ideal for artists, entrepreneurs, creatives, or anyone wanting a one-of-a-kind commercial presence.? Upper Level: Private residential living quarters featuring character, charm, and a seamless blend of industrial and artistic design.This is more than a property--it's a live/work lifestyle where creativity and daily living naturally intersect. The building itself has long been part of Wilson's historic downtown fabric and now stands as a cornerstone of its evolving arts district. Location Highlights? Steps to Whirligig Park (nationally recognized landmark) and Brand New Wilson (Warbirds) Stadium? Walking distance to restaurants, coffee shops, and downtown events? Situated in Wilson's thriving and revitalized downtown districtWould be Perfect For: ? Artist studio + residence? Gallery + event space? Creative office or boutique concept? Unique short-term rental or live/work investment Opportunities like this don't come around often.Own a piece of Wilson's history while stepping right into its creative future.ATTENTION INVESTORS!Positioned in the heart of downtown Wilson's active redevelopment corridor, the iconic Edge Building offers a rare mixed-use asset with immediate income potential and long-term upside.This live/work configuration gives investors multiple exit strategies and revenue streams--something you don't see often at this price point. OVERVIEW? Mixed-use: Commercial (lower level) + Residential (upper level)? Proven use case: Art studio, gallery events, creative space? Walkable downtown location with increasing foot traffic? Historic structure with strong character appeal (tenant draw)STRATEGY OPTIONS? Dual Income Streams? Short-Term Rental + Event Space? Owner-User Hybrid? Reposition as boutique retail, studio suites, or creative office? Capture appreciation as downtown continues to developLOCATION ? Steps from Vollis Simpson Whirligig Park (major tourist draw)? Steps From Wilson Stadium (Warbirds Stadium)? Surrounded by downtown revitalization projects, dining, and retail? Walkability = premium rent potential This isn't just a building--it's a cash-flow + appreciation play in a downtown that's actively being rediscovered.

Investment highlights

  • Historic 1924 brick building renovated into a creative mixed-use/live-work property
  • Lower level set up as an art studio/gallery/event space
  • Upper level residential loft/live-work quarters
  • Positioned as part of Wilson’s “arts district” and downtown redevelopment corridor
  • Multiple potential uses:
    • gallery/event venue
    • boutique retail
    • creative office
    • Airbnb / short-term rental
    • owner-user investment
  • walkability and tourism traffic
  • both a lifestyle property and redevelopment/investment play

Listing Contacts

AA
NC NC# 282302
Green Valley Realty
Listed by Green Valley Realty

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Additional Information

Name
Abder Allan
License
NC# 282302
Brokerage
Green Valley Realty LLC
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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