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.