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230 Standard Street, Elkin, NC 28621

$119,900
Commercial Property MLS# 755084 ID: 32984837
$119,900 Get Rates

Investment - Elkin, NC
Reduced again! Motivated seller wants an offer. Jan-Nov 2016 gross income was $34,800 with 1 month left in year. 2015 Gross income was $33,939. Those numbers work for a strong investment. Take out 50% for expenses and you have a 13% Cap Rate! 7 bay self serve carwash built in the early 1980's. 3 vacuum islands, change machines, vending and carwash equip included with purchase. Natural gas for hot water. Reported gross income from owner over last 3 years has been in the low $30k.

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Location Information near 230 Standard Street
Offered by Robert Ball at Underdown, Ball & Associates, LLC

Would you like more information regarding this property?
Please call (336) 835-2256.

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Property Features for 230 Standard Street
Status
Market Status
Available
Last Updated
February 17, 2018
Description
Property Type
Commercial Property
Year Built
1981

Listing Features

  • Property Type: Commercial; Investment
  • Robert Ball
  • Underdown, Ball & Associates, LLC

Data Provided by:
Triad Multiple Listing Service

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More information about this $119,900 Commercial Property at 230 Standard Street

This $119,900 Commercial Property at 230 Standard Street in Elkin, NC is presented by Robert Ball. This $119,900 Commercial Property, located in the 28621 zip code, has the following property features: Property Type. This 230 Standard Street Commercial Property, located in Surry County , is listed under MLS listing number 755084 and has a listing price of $119,900. You can find more ELKIN homes for sale here.