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Multi-Tenant Flex Building
For Sale
$875,000

1345 Poplar Grove Road S, Boone, NC 28607

Commercial, Boone, NC

Property Size7,362 SF
Lot Size1.05 Acres
Price / SF$118.85
Days on Market400

Property Features for 1345 Poplar Grove Road S

General Information

Property type Commercial Sale
Property subtype Other
Subdivision 1-Boone, Brushy Fork, New River
Standard status Active
Lot size 1.05 Acres

Building Details

Year built 1986
Listing Agency: Blowing Rock Properties, Inc
Listed By: Sue Glenn
Added: Aug 11, 2025 Changed: Sep 4 Last Checked: Sep 14 at 6:06AM
MLS# 257429

Copyright © 2026 High Country Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex property is a multi-use commercial building completed in 1986, configured for a construction company, related subtenants, and additional rental arrangements. The interior reflects substantial custom workmanship and quality materials, with the current primary occupant using approximately 3,600 SF. Other construction-related occupants lease portions of the building, while some parking areas are separately leased to a moving company.

Occupancy terms provide flexibility, including 30- or 90-day notice provisions in the subtenant leases. Business and lease records may be reviewed under signed Confidentiality Agreements. The property encompasses 1.05 acres and is associated with a stated 5-6% cap rate.

Key Highlights

  • 7,362 SF multi‑use commercial building
  • Approximately 3,600 SF occupied by the construction company
  • Construction‑related subtenant spaces provide multiple occupancy arrangements

Property Analytics

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Current Use

Waste Consultants Waste Management Facility Four Seasons Ayurveda Alternative Medicine Practice Mountain Construction Enterprises ... Construction Company Hearthstone Log & Timber ... Construction Company Big Man Moving Moving Company

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Furniture & Home Goods Bakery Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28607, NC

35,495
Population
16,726
Households
2.1
Avg Household Size
27
Median Age
54%
College-Educated
92%
High-School Grad
101.7 sq mi
ZIP Area
349
Density / Sq Mi
$44,132
Median Household Income
$13,485
Median Earnings
$1,081
Median Rent
$339,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial improvements combine construction-oriented office use with multiple rental areas and adaptable occupancy arrangements.
Where is this flex space located?
The property is located at 1345 Poplar Grove Road S Boone, NC.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 7,362 SF multi‑use commercial building; Approximately 3,600 SF occupied by the construction company; Construction‑related subtenant spaces provide multiple occupancy arrangements
More about this property
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