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Historic Three-Story Office Building
For Sale
$300,000

901 Ashe Avenue NW, Lenoir, NC 28645

Commercial Sale, Lenoir, NC

Property SizeContact for details
Lot Size0.14 Acres
Days on Market741

Property Features for 901 Ashe Avenue NW

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-3
Bathrooms 7
Full bathrooms 7
Rooms Basement, Bathroom 7, Bathroom 3, Bathroom 6, Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 5
Parking features On Street, Offsite
Security features Security System
Window features Insulated Windows
Basement Storage Space, Interior Entry, Finished, Exterior Entry
Appliances Double Oven, Electric Cooktop, Exhaust Hood
Lot features Corner Lot, Level
Directions From US-321 turn onto Harper Ave; stay straight, veer Rt onto Ridge St NW (at the Post Office), for 2 blocks; TL onto Ashe Ave NW; Go 3 blocks, building will be on your left at the corner of Ashe Ave NW and Church St NW.
Standard status Active
APN 06-1-1-3
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description 1093/1516 1993 0.00
Legal Description 1093/1516 1993 0.00

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump

Amenities

full kitchen

Building Details

Year built 1936
Floors in Building 3
Flooring type Carpet, Linoleum, Concrete
Building materials Brick Full
Roof type Flat, Rubber
Listing Agency: Realty Executives of Hickory
Listed By: Lois Leonard · License #255767
Added: Sep 5, 2024 Changed: Sep 12 Last Checked: Sep 15 at 11:06PM
MLS# 4179771

Copyright © 2026 Canopy 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.

Built in 1936, this brick office building offers three full floors and a lower level with a kitchen equipped with a double oven, electric cooktop, and exhaust hood. The building includes seven bathrooms, carpet, linoleum, and concrete flooring, with heat pump heating and cooling. Plumbing and electrical systems have been inspected and upgraded where needed, and all utilities are operational.

Located at 901 Ashe Avenue NW in downtown Lenoir, the property has three street parking spaces at the front and two additional spaces along the side. Three municipal parking lots are available across the street, diagonally across, and adjoining the property from 7am to 10pm. The three HVAC units were replaced in 2018, and the flat rubber roof is less than 10 years old. Public sewer serves the building.

Key Highlights

  • Three full floors with a lower‑level kitchen
  • 1936 brick construction with inspected and upgraded plumbing and electrical systems
  • Three HVAC units replaced in 2018

Property Analytics

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Current Use

Ashe Ave. - Blue ... Social Service Agency

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Storage Facility Skin Care Clinic Kitchen & Bath Showroom

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby

Demographics for 28645, NC

46,004
Population
21,558
Households
2.1
Avg Household Size
45
Median Age
17%
College-Educated
82%
High-School Grad
329.1 sq mi
ZIP Area
140
Density / Sq Mi
$50,529
Median Household Income
$34,526
Median Earnings
$726
Median Rent
$157,800
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Brick office property with a lower-level kitchen, updated building systems, and convenient public parking access.
Where is this office building located?
The property is located at 901 Ashe Avenue NW Lenoir, NC.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Three full floors with a lower‑level kitchen; 1936 brick construction with inspected and upgraded plumbing and electrical systems; Three HVAC units replaced in 2018
More about this property
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