Property Listing No Longer Available for Sale

40 Colonial Square, Sylva, NC

Office for Sale - $195,000 - 2,520 Sq. Ft. on 0.22 acres


Property Info

CIMLS#958351
Location
  40 Colonial Square
  Sylva NC 28779
UpdatedJanuary 4th, 2018
TypeOffice
Price$195,000
Building2,520 Sq. Ft.
Land0.22 acres

Property Description

SVN / BlackStream, LLC as exclusive Sales Broker to the Seller, is pleased to present the opportunity to buy this very desirable, office building in Sylva, NC

This 2-story office building, containing 2,520 SF, is located just blocks from downtown Sylva and Dillsboro. The lower level is currently leased until 9/30/19. The upper level is ready to be leased.

20, 40, and 52 Colonial Square can be purchased as a portfolio for $690,000.

*The information contained herein was obtained from sources deemed to be reliable. However, SVN / BlackStream, LLC makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. SVN / BlackStream recommends a commercial appraisal prior to listing. This is not a commercial appraisal.

Location Description:

0.22-acres located off of West Main Street in Sylva, NC

Highlights:

>> 50% leased at below market rate

>> Blocks from Sylva and Dillsboro

>> 2-stories, 1 unit on each level

>> Potential 7.8%+ cap rate

* Email for additional photos


Financials