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    501 2Nd Ave Lexington, NC 27292

    For Sale
    $339,998

    Office - Lexington, NC

    Type:Office
    Days on Market:
    9
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 501 2Nd Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    TN
    Parking
    5

    Building Details

    Year built
    1911
    Architectural style
    Other

    Keller Williams One (336) 297-4545 [email protected]

    Listing agent Bianca Baird (336) 297-4545

    Listing date Dec 5, 2025

    MLS# 1193859 Listing URL

    Copyright © 2025 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Office Building in Lexington

    This historic building is located on a corner lot in the Park Place Historic District, near Downtown Uptown. The property is suited for medical and legal practices, bed-and-breakfasts, Airbnb's, wedding venues, and office space. The building's layout is flexible, allowing for the creation of private offices. The grounds feature greenery, trees, topiary, bronze benches, and a veranda-style porch. On-site parking and street parking are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.260442
    Latitude
    35.827623

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    FAQs

    What type of property is this?
    Office building - Stately office building in the heart of the historic district.
    Where is this office building located?
    The property is located at 501 2Nd Ave Lexington, NC.
    What is the asking price?
    The asking price for this property is $339,998.
    What are key features of this property?
    This property features: - Prime corner lot location in the coveted Park Place Historic District, steps from Downtown Uptown.; - Spacious square footage and flexible layout suitable for various business types or office space.; - Well-manicured grounds with abundant greenery and a large veranda-style porch ideal for hosting.
    (336) 297-4545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    501 2Nd Ave Lexington, NC 27292
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