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$625,000
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Property Description
Formerly the Salvation Army, this versatile building offers exceptional potential for a wide range of uses. With its generous square footage and open floor plan, it can be easily adapted into classrooms, training facilities, professional office suites, collaborative workspaces, or creative studios. Multiple rooms provide flexible layouts-ideal for educational programs, business incubators, community services, or specialty services. The property features two kitchen areas, multiple restrooms, and a newly painted exterior, making it well-suited for high-traffic operations and convenient for multi-tenant use. Investors will appreciate the strong potential for subleasing, generating additional revenue while occupying only part of the space. Structurally sound and improved over the years, the building is move-in ready, allowing buyers to focus their resources on customizing the space to fit their vision. Ample parking and a practical layout ensure smooth daily operations. Located on Paul Street in the heart of Rocky Mount, the property offers both visibility and accessibility-perfect for organizations that want to stay connected to the community they serve. Whether you're envisioning a child care center, medical or professional offices, a non-profit hub, shared workspace, training facility, or specialty retail concept, this property provides the flexibility to bring your vision to life. Its adaptability and strong fundamentals make it a smart investment with both immediate usability and long-term growth potential.
Full Property Details
Full Property Details for 420 Paul St
General
- Price: $625,000
- Taxes: $2,446
- Status: Active
- Type: Business
- Source: 2218
- MLS ID: 10118702
- Updated: 8/29/2025
- Added to Site: 217 day(s) ago
Location
- County: Nash
- Building Name: formerly the Salvation Army
- Driving Directions: From 64-East, take Exit 468B onto Highway 43 at Peachtreet Street. Take the first exit at the roundabout. Turn right onto N Grace Street. Travel 1 mile and turn right onto S Grace Street. In 1/2 mile, turn left onto Paul Street.
- City Limits: Yes
Heating & Cooling
- Air Conditioning: Yes
Utilities
- Utility Description: Electricity Connected, Water Available
Structural Information
- Exterior Const.: Other, See Remarks
- Stories/Levels: 1
- Building Size: 10000
- Square Feet: 10,000
- Year Built: 1957
- Other Struct. Feat.: Total Area Cooled, Total Area Heated
Lot Features
- Lot Size (Acres): 0.91
- Lot Size (Sq. Ft.): 39,639.6
- Lot Dimensions: 204 x 196
Financial Considerations
- Price Per Acre: $686,813.19
- Tax Amount: $2,446.09
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 375910350145
- Lot Number: 1
Listed by Coldwell Banker HPW, Millicent Williams (919) 625-8908
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Schools
Schools serving 420 Paul St
School District:Nash-Rocky Mount Schools
| Name | Grades | Distance |
|---|---|---|
Winstead Avenue Elementary 991 South Winstead Avenue, Rocky Mount, NC 27804 | K-2 | 2.7 mi |
Englewood Elementary 101 South Englewood Drive, Rocky Mount, NC 27804 | 3-5 | 2.9 mi |
Nash Central High 4279 Nash Central High Road, Rocky Mount, NC 27804 | 9-12 | 5.5 mi |
Rocky Mount Middle School 841 Nash Street, Rocky Mount, NC 27804 | 6-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 420 Paul St
Date
Details
Price
Change
Source
8/29/2025
Listed
$625,000
66.67%
MLS
2/16/2022
Sold
$375,000
—
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 420 Paul St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,486
—
$394,530
-16%
2024
$2,486
-21%
$468,950
—
2023
$3,142
-2%
$468,950
—
2022
$3,212
100%
$468,950
—
2021
100%
$468,950
—
2020
100%
$468,950
—
2019
—
$468,950
—
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 420 Paul St
420 Paul Street, Rocky Mount, NC 27803 (MLS# 10118702) is a Business property. 420 Paul Street is currently listed for $625,000 and was received on August 29, 2025. Want to learn more about 420 Paul Street? Do you have questions about finding other Business real estate for sale in Rocky Mount? You can browse all Rocky Mount real estate or contact a Coldwell Banker agent to request more information.

