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$700,000
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Property Description
Recently Appraised and Income Producing! Two-story commercial property with over 4700+ sq ft presents an outstanding investment opportunity with two established tenants and a prime location in the heart of downtown Asheboro. Situated on a 0.45-acre lot with a large parking lot, this property offers convenience and accessibility, making it ideal for a variety of business needs. Upstairs: A well-maintained dentist office with a 7-year lease renewal, ensuring a long-term, stable income. Downstairs: A reputable attorney's office on a month-to-month lease, further adding to the building's established professional tenant base. With its central location and strong tenant history, this property is perfect for investors looking for immediate income in a thriving area. Don't miss this chance to own a key piece of Asheboro's commercial landscape! ----See Agent Only remarks
Full Property Details
Full Property Details for 150 Scarboro St
General
- Sold For: $700,000
- Status: Closed
- Type: Office
- Source: Triad_MLS
- MLS ID: 1159229
- Added to Site: 483 day(s) ago
Business
- Business Type: Medical, Professional/Office
Location
- County: Randolph
- Driving Directions: US-64 BUS/E Dixie Dr, Merge right onto E Salisbury St, Turn left onto N Fayetteville St, Turn left onto Scarboro St, Destination will be on the right, Look for purple sign
- City Limits: Yes
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Square Feet: 4,776
- Year Built: 1985
Lot Features
- Lot Features: City Lot
Financial Considerations
- Terms: Cash, Conventional
Listed and Sold by McKenzie Real Estate of NC LLC
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Schools
Schools serving 150 Scarboro St
School District:Asheboro City Schools
| Name | Grades | Distance |
|---|---|---|
Lindley Park Elementary School 312 Cliff Road, Asheboro, NC 27203 | K-5 | 0.4 mi |
South Asheboro Middle School 523 West Walker Avenue, Asheboro, NC 27203 | 6-8 | 1.1 mi |
Asheboro High School 1221 South Park Street, Asheboro, NC 27203 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 150 Scarboro St
Date
Details
Price
Change
Source
12/16/2024
Sold
$700,000
0.43%
MLS
10/25/2024
Listed
$697,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
150 Scarboro Street, Asheboro, NC 27203 (MLS# 1159229) is a Office property that was sold at $700,000 on December 16, 2024. Want to learn more about 150 Scarboro Street? Do you have questions about finding other Office real estate for sale in Asheboro? You can browse all Asheboro real estate or contact a Coldwell Banker agent to request more information.

