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Historic Mixed-Use Building in Lenoir
For Sale
$924,900

812 West Avenue NW, Lenoir, NC 28645

Historic 3-story mixed-use building in downtown Lenoir.

Property Size24,000 SF
Price / SF$38.54
Days on Market699

Property Features for 812 West Avenue NW

General Information

Standard status Active
Size 24,000 SF
Property subtype Commercial

Amenities

Corner Lot
Composition Roof
Elevator
Entry Slope less than 1 foot
On Street
Parking Lot
Views
Wood Flooring

Building Details

Year Built 1907
Listing Agency: MOUNTAINSIDE REALTY, LLC
Listed By: DONNA DAUGHENBAUGH PHILLIPS
Source: Corcoran
Added: Sep 22, 2024 Changed: Aug 18 Last Checked: Aug 20 at 5:16AM

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 MOUNTAINSIDE REALTY, LLC

Investment Insights

Based on property information with market context.

This historic 3-story building, encompassing over 24000 square feet, occupies a prominent corner lot in Downtown Lenoir. The property benefits from high visibility, walkability, and proximity to community activities. Situated in the foothills of the Blue Ridge Mountains, the building features towering ceilings and multiple storefront configurations. Large arched windows offer views of the downtown square and mountains. Front and rear parking enhance its desirability. The second and third floors, accessible by stairs and a freight elevator, present opportunities for commercial or residential development and may qualify for incentives through downtown programs and local and state tax credits. The thriving downtown area hosts festivals, live music, shops, dining, and scheduled community events, generating steady foot traffic and long-term value. This building blends historic charm with modern-day potential, suitable for expanding a portfolio or restoring a piece of history.

Key Highlights

  • Prime corner lot location in the heart of Downtown Lenoir, offering high visibility and walkability.
  • Substantial 24,000+ sq ft historic building with multiple storefront configurations.
  • Opportunity to develop commercial/residential living spaces on the 2nd and 3rd floors, accessible by stairs and a freight elevator.

Property Analytics

Current Use

Dead People’s Stuff ... Home Decor Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Skin Care Clinic Storage Facility Kitchen & Bath Showroom

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

882
Businesses Nearby

Demographics for 28645, NC

46,004
Population
21,558
Households
2.1
Avg Household Size
45
Median Age
17%
College-Educated
82%
High-School Grad
329.1 sq mi
ZIP Area
140
Density / Sq Mi
$50,529
Median Household Income
$34,526
Median Earnings
$726
Median Rent
$157,800
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic 3-story mixed-use building in downtown Lenoir.
Where is this mixed-use property located?
The property is located at 812 West Avenue NW Lenoir, NC.
What is the asking price?
The asking price for this property is $924,900.
What are key features of this property?
This property features: Prime corner lot location in the heart of Downtown Lenoir, offering high visibility and walkability.; Substantial 24,000+ sq ft historic building with multiple storefront configurations.; Opportunity to develop commercial/residential living spaces on the 2nd and 3rd floors, accessible by stairs and a freight elevator.
More about this property
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