138 S 3rd Street - 2nd floor

For RENT/SALE For sale for $599,000 Whole building Office building downtown Smithfield. Three story building with the first floor being used as attorney's office. Second floor is ready for occupancy. Third floor is unfinished. Top floor could be made into several loft apartments. The Physical address is 219 E Johnston Street and 138 S Third Street, Smithfield, NC 27577. Single rooms 10x12 or less than 150 SF, $500- all inclusive, excluding phone and internet. Also available- rooms over 10x12 range from $12-$14 per SF. Next to courthouse. Walking distance of the downtown corridor. The site is improved with a three-story brick commercial building containing about 11,774+ square fee. The Johnston County property tax card indicates the building was built in the early 1900's. The first floor area consist of about 3,570+ square feet which is divided into two sections. One section, facing Johnston Street, is occupied by the Levinson Law Firm along with Attorney John Whitley and consist of about 1,840+ square feet. The other section, facing Third Street, is occupied by Son's Tailor Shop and contains about 1,730+ square feet. The second floor, containing about 4,102+ square feet is leased to the County of Johnston and is occupied by various divisions of county government. The third floor, containing about 4,102+ square feet is unfinished and is used for storage. A new rubber roof was recently installed in July 2014. The first and second floors have central HVAC. Building could qualify for historic tax credit with some paperwork and changes. We would need 1st month, last month, and one month security deposit for the property. The subject property is located in the main downtown business district of the Town of Smithfield. The Johnston County Court house is located in the same block as the subject. The Town of Smithfield Government Offices and the Post Office are located nearby. The subject property and most of the immediate area are developed as commercial properties consisting of banks, restaurants, retail stores, attorney and professional offices and a variety of retail and service type business. The downtown business district is typical of most towns with a majority of the buildings being older building that have, over the years, been renovated to more modern facilities. This area is served with a good highway system with US Highway 70 and US Highway 301 passing through the Town of Smithfield. Interstate Highway 95 runs through the eastern edge of the town