Listing Detail - For Sale
101 W Market St - 2B
$54,835
Listing ID#
46430
101 W Market St - 2B
101 W Market St
Smithfield NC 27577
101 W Market St
Smithfield NC 27577
County: Johnston
Listing Type: Retail, Office
$55.00 per SF (Condo)
For More Information Contact:
Teresa Daughtry - Partners Commercial Realty
Phone: (919) 585-5327 | Fax: 919-585-5572 | Email: click here
Co-Listing Agent: Jim Perricone - Partners Commercial Realty
Phone: (919) 585-5321
Teresa Daughtry - Partners Commercial Realty
Phone: (919) 585-5327 | Fax: 919-585-5572 | Email: click here
Co-Listing Agent: Jim Perricone - Partners Commercial Realty
Phone: (919) 585-5321
Property Summary - 101 W Market St - 2B
| Property Type: | Retail, Office | Year Built: | 2006 |
| Condo SF: | 997 | Total SqFt of Lot: | 71,874 |
| Total Rentable Area: | 997 | Total Acres of Lot: | 1.65 |
| Total Units: | Listing Max Acres: | 0.00 | |
| Status: | Available | Listing Min Acres: | 0.00 |
| NOI: | Construction Type: | Brick, Steel | |
| Number of Floors: | 1 | Cap Rate: | |
| General Zoning: | B-2 | ||
Description
101 W Market St - 2B
This is a bank owned condo on the 2nd floor of a 3 story building with 20 units total, of which 10 are available for purchase (listing ID’s 46401, 46398, 46429, 46399, 46380, 46431, 46435, 47429 & 47432). This is 1 of 8 units that are vanilla shells with ceiling grids installed and tiles available. Two units have retail tenants. The property is located at the corner of Market & 1st Streets in downtown Smithfield with parking in the back of the “L” shaped building. Note, the developer failed to properly implement the Property Owners Association (POA) and this is currently in the process of being resolved. Until the POA implementation is resolved, all sales must be on a cash basis with the proviso a POA fee will be instituted upon resolution, but the amount is unknown.
This is a bank owned condo on the 2nd floor of a 3 story building with 20 units total, of which 10 are available for purchase (listing ID’s 46401, 46398, 46429, 46399, 46380, 46431, 46435, 47429 & 47432). This is 1 of 8 units that are vanilla shells with ceiling grids installed and tiles available. Two units have retail tenants. The property is located at the corner of Market & 1st Streets in downtown Smithfield with parking in the back of the “L” shaped building. Note, the developer failed to properly implement the Property Owners Association (POA) and this is currently in the process of being resolved. Until the POA implementation is resolved, all sales must be on a cash basis with the proviso a POA fee will be instituted upon resolution, but the amount is unknown.
Listing Link: