

103 W ANDERSON ST SELMA NC 27576-2565
About This Property
Marketing description
Located in the heart of downtown Selma, 103 W. Anderson Street presents a unique redevelopment opportunity for investors seeking long-term upside in one of Johnston County’s growing markets. Built in 1925, this historic commercial property is registered within the National Register of Historic Places and is located in a federally designated Opportunity Zone, potentially offering valuable tax advantages for qualified investors. Zoned CB (Central Business), the property allows for a variety of commercial or mixed-use redevelopment possibilities. The building has already been demoed to shell condition, creating a blank slate for redevelopment while preserving its historic character. Seller-provided materials include structural design plans and limited structural inspection reports for the wood framing and masonry. Selma continues to see growth driven by its proximity to the Raleigh market, expanding residential development, and ongoing downtown revitalization efforts. Area demographics project continued population and household growth, supporting long-term investment potential.
Investment highlights
Historic property on the National Register of Historic Places
Located within a federally designated Opportunity Zone
Ideal for mixed-use, retail, office, restaurant, or creative redevelopment
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