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Storefront Retail Space with Awning
For Lease
$1,750/Mo

205 S Academy Street, Richlands, NC 28574

Commercial Lease, Richlands, NC

Space Size1,500 SF
Lot Size0.69 Acres
Days on Market92

Property Features for 205 S Academy Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning C-2
Parking features Driveway, Off Street
Subdivision Not In Subdivision
Directions Take Richlands Hwy to Richlands, turn Right on S. Academy St between Piggly Wiggly and Camino Real restaurant, building is on the left, Saved by Grace Permanent Jewelry next to William Bostic CPA
Standard status Active
APN 201-88
Size 1,500 SF
Lot size 0.69 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ACADEMY ST
Tax Annual Amount 3169
Expense value 1750
Expense SecurityDeposit
Expense freq. One Time
Legal Description ACADEMY ST

Utilities

Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Central Air
Water source Public

Amenities

covered entrance with awning
large display windows
dressing room
ADA-compliant restroom
large back room

Building Details

Year built 1970
Flooring type Concrete
Building materials Block, Vinyl Siding
Roof type Metal
Listing Agency: Ray Properties, INC
Listed By: Melissa Kepes · License #145288
Added: Jul 2 Changed: Sep 20 Last Checked: Oct 1 at 12:06AM
MLS# 100586195

Copyright © 2026 Hive MLS. 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 1,500-square-foot storefront in Richlands offers an open sales area supported by large display windows and a covered entrance with an awning. The layout includes a dressing room, ADA-compliant restroom, and substantial rear room that can accommodate office functions, inventory, storage, or private workspace. Concrete flooring, central air, electric heat pump service, and a metal roof are among the existing building features.

The property is located at 205 S Academy Street and sits next to Piggly Wiggly. The 0.69-acre site provides driveway and off-street parking, with public water service in place. Block and vinyl siding construction dates to 1970. The space is available August 1 and is zoned C-2.

Key Highlights

  • 1,500 SF storefront with an open sales floor
  • Large display windows and covered entry awning
  • Rear room for office, inventory, storage, or private workspace

Property Analytics

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Current Use

Art & Soul Expressions ... Art Studio William a Bostic Cpapa Accounting Firm Kelmin PC & Networking ... Computer & Electronic Repair Academy Street Ballroom Training Center

Suggested Use

Top Pick Building Supply Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bakery Cafe & Coffee Shop

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

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

305
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28574, NC

18,689
Population
8,055
Households
2.3
Avg Household Size
32
Median Age
20%
College-Educated
94%
High-School Grad
124.0 sq mi
ZIP Area
151
Density / Sq Mi
$66,555
Median Household Income
$38,605
Median Earnings
$1,123
Median Rent
$204,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Baskets of Freshness Florist & Gifts — 8304 Richlands Hwy #1, Richlands, NC 28574

Frequently Asked Questions

What type of property is this?
Storefront property - Open retail layout with display windows, a dressing room, and flexible rear space for storage or office use.
Where is this storefront property located?
The property is located at 205 S Academy Street Richlands, NC.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: 1,500 SF storefront with an open sales floor; Large display windows and covered entry awning; Rear room for office, inventory, storage, or private workspace
More about this property
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