This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$230,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Located in downtown Reidsville is this excellent investment opportunity offering three rental apartments and a retail/commercial space fronting Gilmer St with a separate entrance from the rental units. Installation of utility rough-ins are complete. The apartments can be quickly completed and offered for rent. The retail/commercial space as well needs finishing to be available for rent. This property can provide four income streams to the new owner. Excellent opportunity for an investor that understands the value of new infrastructure in a 1922 era building that is located within easy walking distance to downtown.
Full Property Details
Full Property Details for 105 Gilmer St
General
- Price: $230,000
- Status: Active
- Type: Commercial
- Source: Triad_MLS
- MLS ID: 1182406
- Updated: 12/4/2025
- Added to Site: 234 day(s) ago
Business
- Business Type: Investment, Professional/Office, Retail
Location
- County: Rockingham
- Driving Directions: Travel on Gilmer St toward Martin Luther King Drive. Property is on the right as you approach Martin Luther King Drive.
Structural Information
- Year Built: 1922
Financial Considerations
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Realty One Group Results Reidsville
Get Pre-Approved Today
Schools
Schools serving 105 Gilmer St
School District:Rockingham County Schools
| Name | Grades | Distance |
|---|---|---|
Reidsville High 1901 South Park Drive, Reidsville, NC 27320 | 9-12 | 2.2 mi |
Reidsville Middle 1903 South Park Drive, Reidsville, NC 27320 | 6-8 | 2.4 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 105 Gilmer St
Date
Details
Price
Change
Source
5/28/2025
Listed
$230,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 105 Gilmer St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$388
—
$26,011
—
2024
$388
4%
$26,011
18%
2023
$372
—
$22,089
—
2021
$372
—
$22,089
—
2022
$372
-40%
$22,089
-40%
2020
$621
-18%
$36,905
-18%
2019
$760
7%
$45,136
7%
2017
$713
—
$42,265
—
2016
$713
—
$42,265
—
2015
$713
1%
$42,265
—
2014
$705
2%
$42,265
—
2013
$693
—
$42,265
—
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 105 Gilmer St
105 Gilmer Street, Reidsville, NC 27320 (MLS# 1182406) is a Commercial property with 0 bedrooms and 0 full bathrooms. 105 Gilmer Street is currently listed for $230,000 and was received on May 28, 2025. Want to learn more about 105 Gilmer Street? Do you have questions about finding other Commercial real estate for sale in Reidsville? You can browse all Reidsville real estate or contact a Coldwell Banker agent to request more information.

