Office•Office Building•For Sale

40 Colonial Square

40 Colonial Square, Sylva, North Carolina 28779

Sale Price $245,000
Sale Type Net Lease Investment
Zoning CO - Commercial
Bldg Type Single Tenant
Class B
Status Existing
Year Built 1994
Stories 2
Vacancy 100%
Annual Taxes $950.88
Gross Bldg 2,520 SqFt
RBA 2,520 SqFt
Land Area .22 Acres
Ceiling Height 8.0 Ft
Legal Descr 0.22-acres referred to as PIN #7631-57-8071 as described in Deed Book 1471 at Page 51 of the Jackson County Registry of Deeds.
SVN / BlackStream, LLC as exclusive Sales Broker to the Seller, is pleased to present the opportunity to buy this very desirable, office building in Sylva, NC This 2-story office building, containing 2,520 SF, is located just blocks from downtown Sylva and Dillsboro. The entire building is newly leased until 8/31/21. 40 and 52 Colonial Square can be purchased as a portfolio for $560,000. *The information contained herein was obtained from sources deemed to be reliable. However, SVN / BlackStream, LLC makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. SVN / BlackStream recommends a commercial appraisal prior to listing. This is not a commercial appraisal. 0.22-acres located off of West Main Street in Sylva, NC
  • Blocks from Sylva and Dillsboro
  • New 3-year lease
  • 7.18% cap rate
  • Fully leased
2/13/2019 7:51:10 PM 2/13/2019 7:51:35 PM

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