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Historic Uptown Lexington Landmark Building
For Sale
$1,300,000

120 S Main Street, Lexington, NC 27292

Iconic three-level building with endless possibilities in Lexington, NC.

Property SizeContact for details
Days on Market362

Property Features for 120 S Main Street

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1920
Listing Agency: ALLRED & COMPANY, REALTORS
Listed By: KAREN P ALLRED · License #176694
Source: Corcoran
Added: Aug 8, 2025 Changed: Jul 6 Last Checked: Aug 4 at 7:41AM

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 ALLRED & COMPANY, REALTORS

Investment Insights

Based on property information with market context.

This historic three-level brick building, formerly the H. Lee Waters Photography Studio, is located in Uptown Lexington. The building once housed Conrad Hardware, Farmers Hardware, Diana Shop, Curtain Cottage, and Black Dog Emporium. The main level offers 3360 square feet with display windows at the entrance and high ceilings. The mezzanine level, overlooking the main floor, provides 1008 square feet of additional display or office space. The upper floor, also 3360 square feet, features multiple rooms that previously served as offices for a local dentist and other professional tenants. An unfinished basement with "tin" ceilings spans 1326 square feet. Though closed off for years, access could be restored, as the original staircase remains intact. This property offers a rare opportunity to own a landmark.

Key Highlights

  • Historic 1920 Uptown Lexington Landmark Building.
  • Three Levels of Flexible Space (Total 7728sf).
  • High Ceilings and Display Windows on the Main Level.

Property Analytics

Current Use

Designing Windows By ... (Bike/Boat/Book/etc) Store Black Dog Emporium Home Decor Store The Curtain Cottage Home Decor Store

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

588
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27292, NC

39,337
Population
18,749
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
144.0 sq mi
ZIP Area
273
Density / Sq Mi
$54,468
Median Household Income
$34,776
Median Earnings
$831
Median Rent
$193,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Rae's Flower Shop 101 W 5th St, Lexington, NC 27292

Frequently Asked Questions

What type of property is this?
Storefront property - Iconic three-level building with endless possibilities in Lexington, NC.
Where is this storefront property located?
The property is located at 120 S Main Street Lexington, NC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Historic 1920 Uptown Lexington Landmark Building.; Three Levels of Flexible Space (Total 7728sf).; High Ceilings and Display Windows on the Main Level.
More about this property
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