tomo logo

$480,000

Beds
2
Baths
2.0
sq ft
8,764

135 Hillsboro Street, Oxford, NC 27565

135 Hillsboro Street

Oxford, NC 27565

  • 163 days on market
    • Price drop $109,900↓
Prime Location in Downtown Oxford! This exceptional 2-story building offers over 8,700 sq ft of premier retail space in the heart of downtown Oxford. Zoned for Mixed-Use, the property presents an array of possibilities for various commercial ventures. It is an ideal setting for a furniture store, a dynamic restaurant, or a combination of retail and residential units. The building's design supports a range of uses, including the potential for residential spaces above the street-facing retail areas. The first floor boasts 4,760 sq ft with impressive 12'9'' ceilings, providing a spacious and inviting environment for retail operations. The second floor, offering 4,160 sq ft with a 9' ceiling, is well-suited for additional retail, office space, or residential purposes. Notably, the second story comes with approved permits for two one-bedroom residential units, adding further versatility to the property's potential uses. Convenient dedicated parking spaces enhance the appeal of this location, making it an even more attractive investment opportunity. This building represents a rare chance to capitalize on a prime downtown location with a flexible and promising layout.

Details

Property type

Apartment

Lot size

6,534 sq ft

Price per sq ft

$55

Year built

1901

Annual property taxes

$2,475

Price History

11/14/2024
TriangleMLS

TriangleMLS #10035138

Price change
$480,000
-18.63%
06/12/2024
TriangleMLS

TriangleMLS #10035138

Listed
$589,900

Schools & Community

Elementary school: 

Granville - Credle

Middle school: 

Granville - N Granville

High school: 

Granville - Webb

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Brian Harris Etal

Loan start date

February 2024

Original loan amount

$100,000

Est. remaining balance

$0

Interest rate

6.67%

Loan type

Not Provided, 0 year

Seller

135 Hillsboro Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 5:30 AM

Listing updated: 11/14/2024 at 6:55 PM

Listed by: Vandan Gandhi, Keller Williams Elite Realty Phone #: (984) 244-5830

MLS: TriangleMLS #10035138

TriangleMLS logo

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