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Commercial or Residential Income Opportunity

1214 Pee Dee Avenue Albemarle, NC 28001

1214 Pee Dee Avenue, Albemarle, NC, 28001
$144,900
Pending
For Sale
$144,900
Pending

Versatile property suitable for commercial or residential use.

Days on Market476

Property Features for 1214 Pee Dee Avenue

General Information

Standard status
Pending
Property subtype
Commercial

Building Details

Year Built
1940
Listing agency FOUR SEASONS REALTY ALBEMARLE
Listed by GARRY WEST · License #149828
Source Corcoran
Added: Apr 2, 2025 Updated: Jul 10 at 3:47PM Checked: Jul 21 at 6:07AM

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 FOUR SEASONS REALTY ALBEMARLE


Investment Insights

Based on property information with market context.

Located in Albemarle, North Carolina, this property presents a versatile opportunity for either commercial or residential income use. The building, previously utilized as a quadplex with a business operating at the front, has been rezoned from GHB to RO to accommodate commercial or business activities. Recent improvements include a new roof, and the property has been cleared out in preparation for refurbishment. Architectural plans for renovations have been approved by the County, allowing for continued leasing as a quadplex. This property offers an excellent opportunity to expand a rental portfolio or to renovate for commercial or office space. The location offers high visibility.

Key Highlights

  • Recently rezoned to RO, allowing for commercial or business use.
  • Approved architectural plans for quadplex renovations.
  • New roof recently installed.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office HVAC Service Real Estate Agency Law Firm Storage Facility Electrical Service Gym & Fitness Center Big Box & Wholesale Store Kitchen & Bath Showroom Carpet & Flooring Store

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

FAQs

What type of property is this?
Quadplex - Versatile property suitable for commercial or residential use.
Where is this quadplex located?
The property is located at 1214 Pee Dee Avenue Albemarle, NC.
What is the asking price?
The asking price for this property is $144,900.
What are key features of this property?
This property features: Recently rezoned to RO, allowing for commercial or business use.; Approved architectural plans for quadplex renovations.; New roof recently installed.
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