Investors!!! Income producing Property! Unique opportunity to own a historic building downtown. Broad st access for endless possibilities on the second floor for downtown living. If you've ever thought of restoring an old property you don't want to miss this one at over 10,000 ft. Currently all 3 downstairs storefronts are leased. (Some month to month) This property boast 12 ft ceilings, original hardwood floors and a host of unique architectural details. Also a single floor storefront is available at 318 S Broad. (Also leased) This property can apply for the facade grant in which Thomasville will pay back up to $10,000 per storefront to restore the exterior. (See restrictions in additional forms attached to listing)
The approximate monthly Principal & Interest payment for this property would be $1,522. This payment is based on a 30-year loan at a fixed rate of 4.10 % with a down payment of $34,996. Actual lender interest rates and loan programs may vary.
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