$499,000

111 Sunset Avenue, Asheboro, NC 27203

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1921
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Prime Investment Opportunity in Downtown Asheboro! Secure a strong income-producing property in the heart of Asheboro’s vibrant downtown that has been renovated top to bottom. This 3,875 sq ft two-story building on sought-after Sunset Avenue is fully leased with two established tenants — one on the main level and one upstairs. Both tenants are under modified gross leases, providing consistent rental income while keeping ownership expenses manageable. The property benefits from excellent visibility, steady foot traffic, and close proximity to downtown dining, shopping, and attractions, making it an ideal long-term hold. Brand new HVAC in 2024 and meticulous updates with stable tenants already in place- investors can step into immediate cash flow and future appreciation potential in this prime location. Don’t miss your chance to add a proven downtown asset to your portfolio.

Listing Status:
Active
Date Added:
September 27, 2025 at 05:00AM
Listing Office:
McKenzie Real Estate of NC LLC : 336-413-4475
Listing Agent:
Jenna McKenzie : 336-413-4475
MLS ID:
1197171
  • General: 2
  • Originating MLS: Triad MLS
  • County: Randolph
  • Zoning: B37751820690
  • Water: Public
  • Sewer: Public Sewer
  • Source: Triad MLS

This listing courtesy of Jenna McKenzie, McKenzie Real Estate of NC LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Donna L Loflin Elementary School

405 S Park St, Asheboro, NC, 27203

Grades KG-5

0.37 miles away

S

South Asheboro Middle School

523 W Walker Ave, Asheboro, NC, 27203

Grades 6-8

1.17 miles away

A

Asheboro High School

1221 S Park St, Asheboro, NC, 27203

Grades 9-12

1.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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