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    214 Ridge St Lenoir, NC 28645

    For Sale
    $450,000

    Historic Charm, Modern Amenities, High Potential

    Property size:
    5,037 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 5,037 square foot office building, situated on a 1.2-acre lot at 214 Ridge Street NW in Lenoir, NC, presents a rare opportunity. The property boasts a blend of historical character and modern functionality, making it ideal for a variety of uses. Currently configured as a ten-office space, it also includes two conference rooms, a reception area, one full bathroom, three half bathrooms, and two file rooms. Adding to its versatility, the building features three fireplaces and custom built-in cabinetry and shelving, enhancing both aesthetics and practicality. The attached carport provides covered parking for four vehicles, while the ample parking lot accommodates fifteen or more cars. Accessibility is ensured with handicapped access on the main level. The property benefits from a recently installed roof (2024), minimizing future maintenance concerns. Its prime downtown location offers convenient access to nearby towns including Hickory, Morganton, Blowing Rock, Wilkesboro, and Taylorsville. The building's unique character and flexible layout make it suitable for a variety of uses, from a traditional office space to a bed and breakfast or even a private residence. Priced at $450,000, this property represents a significant investment opportunity in a thriving community.

    Property Features for 214 Ridge St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,037 SF
    Lot Size
    52,272 SF

    Building Details

    Year Built
    1939
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    White Bryan Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lenoir
    County
    Caldwell
    State
    North Carolina
    Longitude
    -81.53802
    Latitude
    35.91683

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Charm, Modern Amenities, High Potential
    Where is this office property / space located?
    The property is located at 214 Ridge St Lenoir, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    (828) 438-3660
    Request Owner's contact information
    214 Ridge St Lenoir, NC 28645
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    Lenoir, NC 28645
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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
    214 Ridge St Lenoir, NC 28645
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