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Retail Space with Salon Buildout
For Sale
$425,000

502 Us Highway 1, Norlina, NC 27563

Commercial Sale, Norlina, NC

Property Size1,680 SF
Lot Size0.16 Acres
Price / SF$252.98
Days on Market273

Property Features for 502 Us Highway 1

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commerical
Parking 12
Security features Security System
Appliances Exhaust Fan, Water Heater
Subdivision Not in a Subdivision
Lot features Rectangular Lot
Standard status Active
APN D4D188
Size 1,680 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description & Bldg Hawks
Tax Annual Amount 816
Legal Description & Bldg Hawks

Utilities

Sewer type Public Sewer
Heating system Zoned
Cooling system Central Air, Zoned
Water source Public

Building Details

Year built 1940
Floors in Building 1
Flooring type Carpet, Vinyl
Building materials Block, Board & Batten Siding, Concrete
Roof type Shingle
Listing Agency: Coldwell Banker Advantage Hend · Coldwell Banker Real Estate
Listed By: Shevon Cooper · License #349720
Added: Dec 4, 2025 Changed: Sep 1 Last Checked: Sep 3 at 3:06PM
MLS# 10135958

Copyright © 2026 Doorify 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 1,680-square-foot retail space in a 1940 building is configured for salon and beauty supply operations. Salon equipment conveys with the sale, and month-to-month booth tenants are already in place. The property includes zoned heating and central air, public water, public sewer, and a shingle roof. Construction includes block, concrete, and board-and-batten siding, with vinyl and carpet flooring.

Located at 502 US Highway 1 in Norlina, the property is near local restaurants, a supermarket, and the police department. The 0.16-acre site carries commercial zoning and offers an established retail setting for continued salon-related use.

Key Highlights

  • 1,680‑square‑foot retail property on a 0.16‑acre site
  • Salon equipment conveys with the building
  • Month‑to‑month booth tenants already in place

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Plumbing Service Garden Center (Bike/Boat/Book/etc) Store Bakery Dental Office

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Speedway Shops & Services
9,996 visits/mo 0.3 miles
Family Dollar Shops & Services
3,073 visits/mo 0.4 miles
Exxon Shops & Services
2,057 visits/mo 0.2 miles

Demographics for 27563, NC

4,970
Population
2,489
Households
2
Avg Household Size
44
Median Age
13%
College-Educated
85%
High-School Grad
71.4 sq mi
ZIP Area
70
Density / Sq Mi
$39,732
Median Household Income
$31,727
Median Earnings
$703
Median Rent
$87,300
Median Home Value

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Salon equipment conveys with the property, with month-to-month booth tenants already in place.
Where is this retail space located?
The property is located at 502 Us Highway 1 Norlina, NC.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,680‑square‑foot retail property on a 0.16‑acre site; Salon equipment conveys with the building; Month‑to‑month booth tenants already in place
More about this property
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