Featured Property

1917-2001 E. Wendover Avenue

~~Highlights
5 adjoining parcels, 2 are paved with buildings of 6,500 +/- SF and 1,978 +/- SF
Most recently used as Empire Beauty School which closed 4/19/19 to merge with another site
60 +/- parking spaces
Zoned LI
Lighted pole sign and parking lot
9.5’ ceiling height
For sale at $550,000
Lease rate:  $11.00/ SF modified gross
+/- 1.01 acres with 300 feet road frontage
 

3816 - D & E North Elm Street

~~    FEATURES
Beautifully upfitted office condo located in Lake Jeanette Office Park
Suitable for medical or general office
Vacant suite has multiple private offices, storage, private restroom, large reception area, and breakroom
Ample parking, conveniently located near restaurants, shopping and other businesses
2 private entrances
Parking spaces: 12
Easy access to N. Elm and near the future Urban Loop
Sales price - $492,000
Lease price - $17.50 PSF          full service
 

Freeway Drive

~~8.38 +/- acres (per survey by Wilson Surveying, Inc. dated 9/16/14). Rockingham County records list the property at 9.39 acres. A copy of the survey is available if requested.
Zoned for a mixed use of Highway Business (HB), Conditional Use-Highway Business (CU-HB) and Residential (RA-20). The proposed uses would be a mix of commercial and residential or possibly all residential with a mix of single and multi-family or all multi-family.
The property is along the western outer loop, north of downtown Reidsville and adjacent to the Reidsville Goodwill Store on Freeway Drive (Business 29/87).
Water, Sewer and Electric are all along Freeway Drive.
The topography features gently rolling hills on land that was primarily used for agricultural purposes.
The surrounding area along Freeway Drive is mostly commercial uses.  Older low-density neighborhoods existing to the east with one newer higher density single family neighborhood to the northwest. Apartment properties are to the north and south of the site making this property a prime location for apartments or other higher density residential use.
Rockingham County is now more viable and desirable for development as the infrastructure has been put in place and lower tax rates make it more affordable than other locations in the Triad area. Reidsville has all of this while still maintaining a rural charm.
An appraisal was done in 2014 by Foster Appraisal Services, Inc. The current list price is well below the appraisal price.
 

About Our Company.

Brown Investment Properties (BIP) is a full service commercial real estate company with its primary market in the Piedmont Triad of North Carolina. Offering quality products and services for a fair profit in Development, Property Management and Brokerage

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Left to right: Jason Whitlatch, CFO, Scott Kutos, Director IT & Marketing, Holly Harmon, Executive Assistant, Peter Placentino, Executive VP Property Management, Mike Fowler, VP Brokerage, Chester Brown, III, President, Jon Dyer, Manager HR, Not pictured Chester Brown, Jr., CEO