Tom & Carolyn Smitherman

Office Phone: 336-961-3351|Fax: 336-961-3351
Tom's Mobile: 336-406-7243
NCREAL 113459 & GC/PU 29763
Email: Tom@smithermanrealty.com
Carolyn's Mobile: 336-406-4205
BIC NCREAL 113458
Email: Carolyn@smithermanrealty.com
Address: 1000 Bruce Rd., East Bend NC, 27018

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Keith Matthews

Keith Matthews
Auctioneer-Bid Caller
Office Phone: 336-699-8983
NCAL: 5346 NCAFL: 9672

OFFICE BUILDING WITH SODA SHOP-ELKIN, NC

THIS LANDMARK PROPERTY IS IDEAL FOR AN INVESTOR OR ACTIVE BUSINESS OWNER WHO WANTS SUPPORTING RENTAL INCOME. THE TWO STORY BRICK BUILDING HAS 15 OFFICES OF WHICH 6 ARE PRESENTLY LEASED AND THE BALANCE ARE AVAILABLE FOR LEASE. A FIFTIES TYPE SODA SHOP (KNOWN AS “ROYAL’S  SODA SHOP) OCCUPIES THE FIRST FLOOR OF THE APPROXIMATELY 6300 SQUARE FOOT BUILDING. IN 1923, THIS STRUCTURE WAS BUILT AS THE FIRST ELKIN HOSPITAL WITH A DOWNSTAIRS DRUGSTORE. LOCATED ON THE CORNER OF WEST MAIN AND CHURCH STREETS, THE NEW OWNER HAS THE POTENTIAL OF A CAP RATE OF 16%. Contact broker TOM SMITHERMAN at 336-406-7243 for more details and viewing.