Two-Unit Mixed-Use
New
For Sale
$591,000
111/113 E Water Street, Statesville, NC 28677
Two separately addressed businesses occupy a building in Statesville’s downtown commercial district.
Property Size7,335 SF
Lot Size0.17 Acres
Price / SF$80.57
Days on Market7
Property Features for 111/113 E Water Street
General Information
Standard status
Active
Size
7,335 SF
Lot size
0.17 Acres
Property subtype
Commercial
Occupancy
100%
Amenities
Central air
Carpet Flooring
Central Air Cooling
Concrete Flooring
Forced Air Heating
Heat Pump Cooling
Heat Pump Heating
Natural Gas Heating
Sloped
Vinyl Flooring
Building Details
Year Built
1950
Buildings
1
Tenancy
Multi
Listing Agency:
KENDALL REAL ESTATE
(828) 781-7100
Listed By:
PAM KENDALL · License #296258
(828) 514-9083
Source:
Corcoran
Added: Oct 8
Changed: Oct 13
Last Checked: Oct 12 at 7:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KENDALL REAL ESTATE
Investment Insights
Based on property information with market context.
At 111 and 113 East Water Street, this two-unit mixed-use property has 4,925 square feet of main-level retail space and a 2,410-square-foot basement. The 0.17-acre parcel holds a building constructed in 1950. The 113 address contains a martial arts studio with 3,115 square feet on the main level and 1,950 square feet below. At 111, a salon occupies 1,810 square feet on the main level and 460 square feet in the basement.
The property sits in downtown Statesville’s historic commercial center, among independent shops, restaurants, and civic amenities. Nearby destinations named in the property information include the Historic Sharpe House, 220 Cafe, and First Flight Bicycles. The downtown social district also hosts seasonal events, including Statesville Pumpkin Fest.
The property sits in downtown Statesville’s historic commercial center, among independent shops, restaurants, and civic amenities. Nearby destinations named in the property information include the Historic Sharpe House, 220 Cafe, and First Flight Bicycles. The downtown social district also hosts seasonal events, including Statesville Pumpkin Fest.
Key Highlights
- 4,925 square feet of main‑level retail space and a 2,410‑square‑foot basement
- 0.17‑acre parcel; building constructed in 1950
- Two operating units: martial arts studio at 113 East Water Street and salon at 111 East Water Street
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,052
Businesses Nearby
49k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 37%
Home Improvements & Furnishings 3%
Hardee's
Dining
8,154 visits/mo
0.1 miles
Truist
Shops & Services
6,903 visits/mo
0.5 miles
Wells Fargo
Shops & Services
5,403 visits/mo
0.2 miles
Groucho's Deli
Dining
5,279 visits/mo
0.1 miles
H&R Block
Shops & Services
3,563 visits/mo
0.3 miles
Demographics for 28677, NC
35,926
Population
16,096
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
85%
High-School Grad
83.0 sq mi
ZIP Area
433
Density / Sq Mi
$59,081
Median Household Income
$34,684
Median Earnings
$861
Median Rent
$207,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two separately addressed businesses occupy a building in Statesville’s downtown commercial district.
Where is this mixed-use property located?
The property is located at 111/113 E Water Street Statesville, NC.
What is the asking price?
The asking price for this property is $591,000.
What are key features of this property?
This property features: 4,925 square feet of main‑level retail space and a 2,410‑square‑foot basement; 0.17‑acre parcel; building constructed in 1950; Two operating units: martial arts studio at 113 East Water Street and salon at 111 East Water Street
