Downtown Asheboro Investment
For Sale
$499,000
Pending
111 Sunset Avenue, Asheboro, NC 27203
Two-story, fully leased building in downtown Asheboro with stable tenants.
Property Size3,875 SF
Days on Market328
Property Features for 111 Sunset Avenue
General Information
Standard status
Pending
Size
3,875 SF
Property subtype
Commercial
Amenities
City Lot
Building Details
Year Built
1921
Listing Agency:
MCKENZIE REAL ESTATE OF NC LLC
(336) 413-4475
Listed By:
JENNA MCKENZIE · License #272937
Source:
Corcoran
Added: Sep 27, 2025
Changed: Aug 14
Last Checked: Aug 14 at 6:01AM
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 MCKENZIE REAL ESTATE OF NC LLC
Investment Insights
Based on property information with market context.
This 3,875 square foot, two-story commercial building is located on Sunset Avenue in downtown Asheboro. The property is fully leased to two established tenants, one on the main level and one upstairs. Both tenants are under modified gross leases. The property benefits from excellent visibility, steady foot traffic, and close proximity to downtown dining, shopping, and attractions. A new HVAC system was installed in 2024. The property has been renovated and features meticulous updates.
Key Highlights
- Fully leased, income‑producing property with two established tenants.
- Prime downtown Asheboro location on sought‑after Sunset Avenue.
- Recently renovated top to bottom.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,482
Businesses Nearby
32k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Dining 16%
Home Improvements & Furnishings 2%
Dollar General
Shops & Services
10,726 visits/mo
0.5 miles
AutoZone
Shops & Services
4,929 visits/mo
0.3 miles
Family Dollar
Shops & Services
4,503 visits/mo
0.3 miles
Domino's Pizza
Dining
3,824 visits/mo
0.3 miles
Sunoco
Shops & Services
2,602 visits/mo
0.4 miles
Demographics for 27203, NC
21,869
Population
9,937
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
81%
High-School Grad
22.5 sq mi
ZIP Area
972
Density / Sq Mi
$47,506
Median Household Income
$32,900
Median Earnings
$852
Median Rent
$141,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Asheboro Florist — 412 Sunset Ave, Asheboro, NC 27203
- Paradise Flower Shop — 425 S Fayetteville St, Asheboro, NC 27203
- Lirios De Los Valles — 435-A S Fayetteville St, Asheboro, NC 27203
Frequently Asked Questions
What type of property is this?
Storefront property - Two-story, fully leased building in downtown Asheboro with stable tenants.
Where is this storefront property located?
The property is located at 111 Sunset Avenue Asheboro, NC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Fully leased, income‑producing property with two established tenants.; Prime downtown Asheboro location on sought‑after Sunset Avenue.; Recently renovated top to bottom.
