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    244 Court St Marion, NC 28752

    For Sale
    $650,000

    Prime Downtown Location, High-Traffic Area

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 1.1-acre property at 244 E Court Street in Marion, NC, presents a unique investment opportunity. Built in 1930, this landmark building boasts a rich history as McDowell County's first car dealership and showroom. The main showroom area, approximately 3350 square feet, features stunning original terrazzo and wood floors, adding to its historical charm. Adjacent to the showroom are approximately 475 square feet of individual and group offices, retaining the original drive-in dealership door – a fascinating piece of local history. The showroom and office spaces benefit from a functioning HVAC system.

    Property Features for 244 Court St

    General Information

    Property type
    Retail properties
    Lot Size
    47,916 SF

    Building Details

    Year Built
    1930
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Laundry Mat Laundry Service Condrey Plumbing Heating ... Air Conditioning Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    McDowell
    State
    North Carolina
    Longitude
    -82.00491
    Latitude
    35.68523

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    FAQs

    What type of property is this?
    Retail property - Prime Downtown Location, High-Traffic Area
    Where is this retail property located?
    The property is located at 244 Court St Marion, NC.
    What is the asking price?
    The asking price for this property is $650,000.
    (828) 254-7221
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    244 Court St Marion, NC 28752
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    Marion, NC 28752
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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
    244 Court St Marion, NC 28752
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