801 North Elm Stree

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801 North Elm Stree

High Point, NC 27262
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

801 North Elm Street is situated in the Uptown district of High Point, North Carolina, just north of the downtown core. The surrounding neighborhood is characterized by a blend of historic residential properties, professional offices, and established local businesses. The site is a short distance from the High Point University campus and major furniture showroom districts. It features direct frontage on North Elm Street, providing visibility to local commuter traffic. Access to the property is supported by proximity to Main Street and Highway 68, connecting the location to the broader Piedmont Triad region. The building is suited for boutique retail, specialty showrooms, or personal service providers such as salons and fitness studios. Given its location near residential areas and the university, the site is positioned for businesses seeking to serve a consistent local neighborhood demographic. Potential tenants may include independent retailers, cafes, or professional services requiring high visibility and pedestrian-friendly surroundings. The flexible layout of the retail space allows for various interior configurations to accommodate diverse merchandise or client-facing operations.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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