Description
Maximize your portfolio with this 5,184 SF commercial asset featuring three versatile units. Currently generating $24,320 in NOI with low owner overhead, the property offers a blend of immediate cash flow with a current cap rate of 9.07% and the vacant unit providing value-add potential. Units 105 and 105A are occupied on Modified Gross leases with tenants paying utilities. Unit 105B: The vacant unit is a large open warehouse with garage door access. Warehouse has 3 bathrooms, and includes a finished apartment/office area with a full bath, fridge, and washer/dryer. Strategic opportunity for anyone needing warehouse/storage space while having the front tenants offset the mortgage.
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
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5,184SQFT
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$52$/SQFT
School Ratings & Info
Listing courtesy of Braddock Realty: . © 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Description
Maximize your portfolio with this 5,184 SF commercial asset featuring three versatile units. Currently generating $24,320 in NOI with low owner overhead, the property offers a blend of immediate cash flow with a current cap rate of 9.07% and the vacant unit providing value-add potential. Units 105 and 105A are occupied on Modified Gross leases with tenants paying utilities. Unit 105B: The vacant unit is a large open warehouse with garage door access. Warehouse has 3 bathrooms, and includes a finished apartment/office area with a full bath, fridge, and washer/dryer. Strategic opportunity for anyone needing warehouse/storage space while having the front tenants offset the mortgage.
©2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS,
Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-04-20T23:51:05.577.