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    50 Union St N Concord, NC 28025

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    For Lease
    Contact for pricing

    Former bank building with flexible space and ample parking.

    Property size:
    8,800 SF
    Lot size:
    0.95 Acres

    Property Features for 50 Union St N

    General Information

    Size
    8,800 SF
    Lot size
    0.95 Acres

    Source: Mortice Commercial Real Estate LLC Agent Steven Tice, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Landmark Building in Downtown Concord

    This 8,800 square foot building, formerly a central bank, is located steps from downtown Concord. The two-story building is served by an elevator and combines character features with modern functionality. It features presence on Union Street, Church Street, and Killarney Avenue, offering visibility, access, and signage. Nearby destinations include the Arts Council, The District Exchange, Novi apartments, city and county offices, and the district courthouse. The building contains flexible spaces suitable for private offices, collaboration areas, and secure rooms. On-site parking is available. The property is suitable for financial or professional offices, boutique medical practices, creative firms, or a destination restaurant. The owner prefers to lease the building as a whole but will consider subdividing the upper and lower floors depending on use. The owner will not entertain restaurant concepts similar to those already operating in the downtown area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wells Fargo Bank Bank Wells Fargo Home ... Mortgage Lender Wells Fargo ATM Atm Mark Lyndon Yaguda ... Mortgage Lender Wells Fargo Advisors Investment Service

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon 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
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.582221
    Latitude
    35.4119718

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    FAQs

    What type of property is this?
    Bank - Former bank building with flexible space and ample parking.
    Where is this bank located?
    The property is located at 50 Union St N Concord, NC.
    What are key features of this property?
    This property features: - Landmark building in a prime downtown Concord location, formerly a central bank.; - 8,800 +/- SF spanning two floors with elevator access.; - Three-street presence (Union Street, Church Street, and Killarney Avenue) offering superb visibility and access.
    (704) 794-2294
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    50 Union St N Concord, NC 28025
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    Concord, NC 28025
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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
    50 Union St N Concord, NC 28025
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