Anderson Street

From partners Commercial Realty, exit the parking lot toward Venture Dr, Turn left toward Venture Dr, Turn right onto Venture Dr, Turn left onto Outlet Center Dr, Pass by KFC (on the right in 1.8 mi), Continue onto Ricks Rd, Pass by Wendy's (on the right), Turn right onto S Pollock St, Turn right onto W Anderson St, Destination will be on the rightLocated in the heart of downtown Selma, 103 W. Anderson Street presents a unique redevelopment opportunity for investors seeking long-term upside in one of Johnston County’s growing markets. Built in 1925, this historic commercial property is registered within the National Register of Historic Places and is located in a federally designated Opportunity Zone, potentially offering valuable tax advantages for qualified investors. Zoned CB (Central Business), the property allows for a variety of commercial or mixed-use redevelopment possibilities. The building has already been demoed to shell condition, creating a blank slate for redevelopment while preserving its historic character. Seller-provided materials include structural design plans and limited structural inspection reports for the wood framing and masonry. Selma continues to see growth driven by its proximity to the Raleigh market, expanding residential development, and ongoing downtown revitalization efforts. Area demographics project continued population and household growth, supporting long-term investment potential.