2504 Newton Drive Statesville, NC 28677

This commercial property, zoned General Business B5, offers a multi-parcel opportunity on approximately 1.4 acres. Located off Hwy 70 near the Statesville airport, it is close to I-40 and a few miles from I-77 in Statesville. The property features four parcels with a mix of commercial and residential zoning. The front parcels and building are zoned General Business B5, offering visibility and accessibility, while the rear parcels are zoned residential, providing additional space and possibilities. A small portion of the back residential lot is subject to an AT&T utility easement. The building has historically been configured as two separate units, each with its own systems, making it suitable for multiple tenants or a single business operation. It includes two bathrooms and multiple office spaces with a large reception area. The property is currently occupied by an established sewing/alterations business, with a lease in place through May 2026, and the tenant is interested in staying, providing immediate income potential. The tenant requires a minimum of 60 days after the lease to move but prefers to stay. Property features include separate HVAC systems, electrical services, and water heaters, allowing for independent functionality on each side. The structure has been improved over time with a metal roof, exterior updates, interior updates, electrical upgrades, and replacement window glass. The property is serviced by a well, with county water available at the road, and a septic system. This property has a history of commercial use and presents an opportunity for investors or owner-users seeking flexibility, rental income potential, and room to grow. It is located in the Iredell Co. EJT District.