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Flex Space With Storefront
For Sale
$550,000

1231 Montlieu Avenue, High Point, NC 27262

Two-level commercial property with retail frontage, loading access, and separate office-storage areas.

Property Size28,000 SF
Lot Size1.28 Acres
Price / SF$19.64
Days on Market67

Property Features for 1231 Montlieu Avenue

General Information

Standard status Active
Size 28,000 SF
Lot size 1.28 Acres
Property subtype Industrial

Property Condition

Severity Major Repairs Needed
Evidence lacks electrical and HVAC

Building Details

Building Size 28,000 SF
Buildings 1
Stories 2
Listing Agency: Linville Team Partners
Listed By: Nick Gonzalez · License #268640
Source: Ltpcommercial
Added: Jun 25 Changed: Aug 29 Last Checked: Aug 29 at 1:21PM

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 Linville Team Partners

Investment Insights

Based on property information with market context.

This two-story flex property contains approximately ±28,000 SF across 1.28 acres. The upper level provides approximately ±14,000 SF of street-facing retail and storefront space, while the lower level includes approximately ±14,000 SF configured for basement, office, and storage functions. Both floors have ground-level access, and the lower area can also be reached through a rear driveway.

Site features include a side gravel parking area, loading dock, and additional parking at the rear. The roof was replaced in separate sections between 2020 to 2022. A small portion of the property is currently leased, with the tenant expected to remain under a new lease agreement. Outstanding and open code violations affect most of the property, and electrical and HVAC systems are lacking, making the asset best suited to an experienced redevelopment or repositioning team.

Key Highlights

  • Approximately ±28,000 SF on 1.28 acres
  • Approximately ±14,000 SF of street‑facing retail and storefront area
  • Approximately ±14,000 SF of basement, office, and storage space

Property Analytics

Current Use

Creative Services USA ... Advertising Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Pharmacy Restaurant

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

211
Businesses Nearby
Under-served
Demand for This Use

Demographics for 27262, NC

25,253
Population
10,246
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
86%
High-School Grad
13.2 sq mi
ZIP Area
1,913
Density / Sq Mi
$64,395
Median Household Income
$34,113
Median Earnings
$1,054
Median Rent
$212,500
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
Rey
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Similar Off Market Nearby

  • Black Powder Catering & Events 621 McDonald Ct, High Point, NC 27260

Frequently Asked Questions

What type of property is this?
Flex space - Two-level commercial property with retail frontage, loading access, and separate office-storage areas.
Where is this flex space located?
The property is located at 1231 Montlieu Avenue High Point, NC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately ±28,000 SF on 1.28 acres; Approximately ±14,000 SF of street‑facing retail and storefront area; Approximately ±14,000 SF of basement, office, and storage space
More about this property
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