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    C2 Retail Storefront For Sale Title is generated by Realmo AI

    116 E Main Street, Thomasville, NC 27360

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    New
    Pending
    $595,000

    SINGLE_FAMILY - Thomasville, NC

    Type:Retail
    Property size:
    3,243 SF
    Added:
    Jul 7, 2026
    Days on Market:
    1
    Last Refresh:
    Jul 7 at 5:06 pm

    Property Features for 116 E Main Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    C2
    Standard status
    Pending
    Size
    3,243 SF

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1988

    We can help!

    Contact an agent
    Rick Vaughn

    Listing agent Rick Vaughn

    Listing office Price REALTORS High Point, NC

    Listing date Jul 7, 2026

    MLS# 1216253

    Copyright © 2026 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


    Overview

    This for-sale retail storefront property is positioned for retail use and totals 3,243 square feet. The property is identified for commercial listing purposes as a storefront retail space, with zoning noted as C2.

    Located at 116 E Main Street in Thomasville, North Carolina, the property sits within Davidson County. The address provides straightforward, direct access for leasing or purchasing considerations tied to Main Street visibility and storefront operations.

    For tenants, buyers, or operators seeking a C2-zoned retail storefront in Thomasville, this asset offers a practical footprint to support a retail-focused business. Because the property is marketed as a storefront retail space, it may be well suited for organizations that want to operate from a street-facing commercial premise under the existing C2 zoning designation. Interested parties can evaluate the site directly based on the property’s established use profile and the size provided in the listing.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $58.4k $18.00
    − Vacancy −$1.6k −$0.50
    EGI $56.7k $17.50
    − OpEx −$17.0k −$5.25
    NOI $39.7k $12.25
    3,243 SF · lease $18.00/SF/yr · vacancy 2.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $567.4K
    $496.5K – $662.0K (±1% cap)
    NOI $39,718 @ 7.0% cap · market cap 6.68%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $822.8K
    $720.0K – $959.9K (±1% cap)
    NOI $57,596 @ 7.0% cap · market cap 9.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Los Agaves Mexican ... Restaurant

    Suggested Use

    Dental Office Real Estate Agency Pharmacy HVAC Service Electrical Service Parking Lot & Garage Building Supply Cafe & Coffee Shop Carpet & Flooring Store Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Thomasville
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.079155
    Latitude
    35.884184

    FAQs

    What type of property is this?
    Storefront property - Retail storefront property offered for sale in a C2 zoned setting in Thomasville.
    Where is this storefront property located?
    The property is located at 116 E Main Street Thomasville, NC.
    What is the asking price?
    The asking price for this property is $595,000.
    More about this property
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