300 N BRIDGE ST

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300 N BRIDGE ST

ELKIN, NC 28621
Asking Price
$552K
Asset Type
Religious/Church Special-purpose
Class
Class B

What's Special

MDR Downtown Mixed Use <p>A unique opportunity to own an iconic 1937 historic district colonial revival church building just two</p><p>blocks from Downtown Elkin Historic District. Sitting high on a corner lot in the Gwyn Ave.-North</p><p>Bridge St. Historic District, this property offers high visibility with on-street parking around the</p><p>building on Spring and North Bridge Streets and additional parking options on an additional .29 acre</p><p>lot on Gwyn Ave. owned by the church and being sold with the church pr

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NOI
$80,000
Cap Rate
14.49%
DSCR
2.44
Strong
Cash-on-Cash
28.52%
Monthly Payment
$2,730.995
Annual Cash Flow
$47,228.062

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