115 W Main St

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115 W Main St

Beulaville, NC 28518
Asking Price
$2.85M
Asset Type
Retail
Class
Class B

What's Special

115 West Main Street is situated in the central business district of Beulaville, North Carolina. The property occupies a visible position along Highway 24, the town’s primary east-west thoroughfare, providing direct access to regional hubs like Jacksonville and Kenansville. The surrounding neighborhood features a mix of local government offices, small-scale retail shops, and essential community services. National retailers and dining options are located within a one-mile radius, benefiting from steady local traffic and regional commuters utilizing the main corridor. The property is suited for general retail operations, professional services, or small-scale showroom use. Given its central location and street-level visibility, an ideal tenant profile includes local boutiques, specialty hardware stores, or service-oriented businesses such as insurance agencies and salons. The versatile floor plan allows for a variety of layouts, catering to tenants who require a combination of customer-facing retail space and modest back-of-house storage or administrative area.

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NOI
$80,000
Cap Rate
2.81%
DSCR
0.47
Underwater
Cash-on-Cash
-10.43%
Monthly Payment
$14,100.245
Annual Cash Flow
$-89,202.94

Location & Travel Times