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$970,000
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Property Description
One of two exceptional opportunities to acquire a stabilized commercial property in Downtown Elkin. This historic building was fully renovated in 2014, and has since been home to an established business with lease in place through 2026 with interest in renewal. This investment provides immediate and reliable cash flow with a cap rate exceeding 8%. Listing agent is employee of Seller.
Full Property Details
Full Property Details for 119 Main St
General
- Price: $970,000
- Status: Active
- Type: Office
- Source: Triad_MLS
- MLS ID: 1199231
- Updated: 10/28/2025
- Added to Site: 83 day(s) ago
Business
- Business Type: Professional/Office
Location
- County: Surry
- Building Name: Prism Building
- Driving Directions: From I-77 take exit 82. Continue on NC-67 W then turn left on Elm Street. Turn right onto US 21 Bus, then left on West Main Street. 119 W Main Street will be on your left.
- City Limits: Yes
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Year Built: 1905
Lot Features
- Lot Features: City Lot
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Arcadia Real Estate Services
Get Pre-Approved Today
Schools
Schools serving 119 Main St
School District:Elkin City Schools
| Name | Grades | Distance |
|---|---|---|
Elkin Elementary School 135 Old Virginia Road, Elkin, NC 28621 | PK-6 | 0.2 mi |
Elkin Middle School 300 Elk Spur Street, Elkin, NC 28621 | 7-8 | 0.5 mi |
Elkin High School 334 Elk Spur Street, Elkin, NC 28621 | 9-12 | 0.5 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 119 Main St
Date
Details
Price
Change
Source
10/27/2025
Listed
$970,000
295.92%
MLS
8/04/2014
Sold
$245,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 119 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,736
551%
$752,700
86%
2023
$727
-74%
$405,090
—
2022
$2,747
—
$405,090
—
2021
$2,747
3%
$405,090
8%
2020
$2,673
—
$374,310
—
2019
$2,673
—
$374,310
—
2018
$2,673
—
$374,310
—
2017
$2,673
3%
$374,310
—
2016
$2,592
—
$374,310
272%
2016
$2,592
—
$100,510
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 119 Main St
119 Main Street, Elkin, NC 28621 (MLS# 1199231) is a Office property with 0 bedrooms and 0 full bathrooms. 119 Main Street is currently listed for $970,000 and was received on October 27, 2025. Want to learn more about 119 Main Street? Do you have questions about finding other Office real estate for sale in Elkin? You can browse all Elkin real estate or contact a Coldwell Banker agent to request more information.

