Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    508 Mulberry St Lenoir, NC 28645

    Sponsored
    For Sale
    $425,000

    Six-office building, 2852 sq ft, 0.32 acres

    Property size:
    2,852 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This meticulously maintained, 2,852 square foot office building in Lenoir, NC, presents a fantastic investment opportunity. Situated on a 0.32-acre lot, the property boasts six spacious offices, all featuring attractive hardwood floors. The main level comprises three offices, one highlighted by a charming natural gas fireplace. A fully equipped kitchen, complete with refrigerator, dishwasher, drop-in range, and ample cabinetry and storage, is also located on the main level, along with a half bath incorporating a cleverly concealed room providing laundry facilities, a natural gas water heater, and additional storage. A heated storage room, accessible from both inside the building and via the rear parking lot, adds to the property's versatility. Upstairs, three more offices offer built-in bookcases, complemented by a full bathroom featuring a shower and vintage vanity, plus extra storage. Convenient parking is available both on the street and in a shared rear parking area, with two additional building entrances from this area. The property also includes an unheated basement accessible from the interior and a 374 square foot outbuilding with electricity, ideal for extra storage or other uses. The building is zoned O-I.

    Property Features for 508 Mulberry St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,852 SF
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1890
    Property Profile Location Intelligence

    Current Use by Public Records

    Farmer Don CPA Accountant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lenoir
    County
    Caldwell
    State
    North Carolina
    Longitude
    -81.53483
    Latitude
    35.90806

    Nearby Similar for Sale

    • $1,249,000
      10.53 Acres

      Mountain Farm with Income Potential

      Multigenerational mountain farm with two homes and income-producing potential.
      2257 Quiet Creek Ln, Lenoir, NC 28645
      View Details
    • $365,000
      0.38 Acres

      Lenoir Triplex with Strong Income

      Well-maintained triplex in Lenoir, NC with immediate cash flow.
      711 Meredith Ct SW, Lenoir, NC 28645
      View Details
    • $475,000
      3.21 Acres

      Lenoir Multifamily Investment Opportunity

      Multifamily property with house and rental trailers on 3.21 acres.
      2333 Cedar Rock Cir, Lenoir, NC 28645
      View Details
    • $275,000
      0.50 Acres

      Well-Kept Duplex in Lenoir, NC

      Duplex with two 2-bed/1-bath units in a prime location.
      4823 Calico Rd, Lenoir, NC 28645
      View Details
    • $375,000
      0.48 Acres

      Lenoir Duplex: Turnkey Investment

      Updated duplex in Lenoir, ideal for investment or house hacking.
      808 Harrisburg Dr SW, Lenoir, NC 28645
      View Details
    • $30,000
      0.56 Acres

      Lenoir, NC Single Family Residence

      Single family residence for sale in Lenoir, North Carolina.
      924 Barrington Dr, Lenoir, NC 28645
      View Details
    • $300,000
      0.14 Acres

      Historic Commercial Building in Lenoir

      Downtown Lenoir commercial building with limitless potential and historic charm.
      901 Ashe Ave NW, Lenoir, NC 28645
      View Details
    • $759,900
      5,775 SF

      Restored Historic Building in Lenoir

      Restored 2-story commercial building in Lenoir's Historic District.
      118 Mulberry St, Lenoir, NC 28645
      View Details
    • $924,900

      Historic Building in Downtown Lenoir

      Three-story, 24,000+ sq ft building in vibrant downtown Lenoir.
      812 West Ave, Lenoir, NC 28645
      View Details
    • $274,900
      2,700 SF

      Turnkey Restaurant Property in Lenoir

      Fully equipped commercial property ready for immediate food service use.
      107 Light St, Lenoir, NC 28645
      View Details
    • $1,175,000

      Organic Farm Paradise with Views

      49-acre organic farm with mountain views, pond, garden, and pool.
      6500 Duck Creek Rd, Lenoir, NC 28645
      View Details
    • $299,900
      1,864 SF

      Garage with Apartments Investment Opportunity

      Garage with lift, compressor, paint booth, and two apartments.
      1317 &1319 Main St, Lenoir, NC 28645
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Six-office building, 2852 sq ft, 0.32 acres
    Where is this office property / space located?
    The property is located at 508 Mulberry St Lenoir, NC.
    What is the asking price?
    The asking price for this property is $425,000.
    (704) 880-6819
    Request Owner's contact information
    508 Mulberry St Lenoir, NC 28645
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    508 Mulberry St
    Lenoir, NC 28645
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    508 Mulberry St Lenoir, NC 28645
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.