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Historic Three-Story Office Building
For Sale
$300,000

901 Ashe Avenue NW, Lenoir, NC 28645

Multi-level commercial space with upgraded building systems, a lower-level kitchen, storage, and convenient municipal parking nearby.

Property Size10,451 SF
Price / SF$28.71
Days on Market711

Property Features for 901 Ashe Avenue NW

General Information

Standard status Active
Size 10,451 SF
Total Parking Spaces 5
Property subtype Commercial

Additional Details

Utilities to Site Yes

Amenities

full kitchen
Bath/Stubbed,Exterior Entry,Finished,Interior Entry,Storage Space
Carpet,Concrete,Linoleum
7
Yes
Insulated Window(s)
Building,Land
Corner Lot,Level
City
0.14
Street Parking - there are 3 spots in the front and 2 on the side; Parking lots across the street,diagonal and adjoining are all Municipal Parking 7am to 10pm daily.
83*73
Network Ready
On Street,Parking Space(s) (Off Site)
Paved
Basement
City Street
10451
1
Publicly Maintained Road

Building Details

Year Built 1936
Buildings 1
Stories 3
Listing Agency: EXP Realty LLC Ballantyne
Listed By: Diane Maxwell · License #98268
Source: Cdanjoyner
Added: Sep 5, 2024 Changed: Aug 16 Last Checked: Aug 16 at 3:33AM

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 EXP Realty LLC Ballantyne

Investment Insights

Based on property information with market context.

Built in 1936, this office property contains three full floors and 10,451 square feet of commercial space. The lower level includes a full kitchen, while the interior provides finished areas, storage space, exterior and interior entries, insulated windows, and a combination of carpet, concrete, and linoleum surfaces. Plumbing and electrical systems have been inspected and upgraded where needed, and all utilities are operational.

The building occupies a 0.14-acre corner lot at 901 Ashe Avenue NW in downtown Lenoir. Three HVAC units were replaced in 2018, and the roof is less than 10 years old. Parking includes three street spaces in front and two along the side, with three municipal lots across the street, diagonally across, and adjoining the property; those lots are available daily from 7am to 10pm. The former Caldwell County Public Library location offers a distinctive existing structure for continued office use or repositioning.

Key Highlights

  • 10,451‑square‑foot office building with three full floors
  • 1936 construction on a 0.14‑acre corner lot
  • Three HVAC units replaced in 2018

Property Analytics

Current Use

Ashe Ave. - Blue ... Social Service Agency

Suggested Use

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

761
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

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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Frequently Asked Questions

What type of property is this?
Office building - Multi-level commercial space with upgraded building systems, a lower-level kitchen, storage, and convenient municipal parking nearby.
Where is this office building located?
The property is located at 901 Ashe Avenue NW Lenoir, NC.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 10,451‑square‑foot office building with three full floors; 1936 construction on a 0.14‑acre corner lot; Three HVAC units replaced in 2018
More about this property
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