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230 Standard Street, Elkin, NC 28621

$119,900

  • For Sale
  • Active
  • Commercial
  • 2,790 Sq. Ft.
230 Standard Street, Elkin, NC 28621View this property at 230 Standard Street, Elkin, NC 28621
230 Standard StreetElkinNC28621

Property Description

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.

Full Property Detailsfor 230 Standard Street

General

  • Price: $119,900
  • Status: Active
  • Type: Commercial
  • MLS ID: 755084
  • Updated: 8/28/2017
  • Added: 781 day(s) ago

Property History

  • 230 Standard Street, Elkin, NC
  • Reduced to $119,900 on 5/23/17
  • Reduced to $129,900 on 5/18/16
  • Listed at $149,000 on 3/2/16

Location

  • County: Surry
  • Building Name: Ride w/ Pride Carwas
  • Driving Directions: N Bridge Street (US 21) to Standard Street in Historic downtown Elkin across from the proposed Heritage and Trails Center

Utilities

  • Sewer: Public
  • Water: Municipal On Site

Structural Information

  • Square Feet: 2,790
  • Square Feet Range: 2500 - 3000
  • Year Built: 1981

Listed by Underdown, Ball & Associates, LLC

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Schools

Schoolsserving 230 Standard Street

School District:Elkin City Schools
School Name
Grades
Distance
Elkin Elementary School
135 Old Virginia Rd, Elkin, NC 28621
PK-6
0.3 mi
Elkin Middle School
300 Elk Spur St, Elkin, NC 28621
7-8
0.5 mi
Elkin High School
334 Elk Spur St, Elkin, NC 28621
9-12
0.6 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 230 Standard Street

Listed by Underdown, Ball & Associates, LLC

230 Standard Street, Elkin, NC 28621 (MLS# 755084) is a Commercial property. 230 Standard Street is currently listed for $119,900 and was received on March 02, 2016. Want to learn more about 230 Standard Street? Do you have questions about finding other Commercial real estate for sale in Elkin? You can browse all Elkin real estate or contact a Coldwell Banker agent to request more information.