$1,300,000
2440-44 Commerce Road, Jacksonville, NC, 28546
1.15
Acres
College Square office mall is an Executive Suite complex with potential rental income (PRI) of $155,880. Expenses stand at around 40% of PRI which would bring a cap rate around 9%. This property has great potential for additional income through Virtual office concept. Additional services for small home based businesses will increase return on investment greatly. This property has 44 offices, a reception area and meeting rooms. It is centrally located in downtown Jacksonville just off Western Blvd, less than a mile from Coastal Community collage, is 1 street in from Highway 17, and is close to all hotels which makes for easy access for virtual office clients. Office size varies to accommodate business'' needs. Parking is ample with easy ingress and egress from Commerce Rd and Parkwood
Listing Details
| Office | East Carolina Commercial Inc |
|---|
Facts & Features
| MLS® # | 80147894 |
|---|---|
| Price | $1,300,000 |
| Acres | 1.15 |
| Year Built | 1986 |
| Type | Commercial Sale |
| Status | Expired |
Community Information
| Address | 2440-44 Commerce Road |
|---|---|
| City | Jacksonville |
| County | Onslow |
| State | NC |
| Zip Code | 28546 |
| Senior Community | No |
Amenities
| Parking | Paved |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Heat Pump |
|---|---|
| Fireplace | No |
Additional Information
| Date Listed | October 3rd, 2013 |
|---|---|
| Days on Market | 529 |
| Zoning | O+I |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |