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Historic School Property
For Sale
$1,200,000
Pending

1503 W Main Street, Albemarle, NC 28001

Historic school building with land suited to adaptive reuse and residential development.

Property Size1,936 SF
Days on Market49

Property Features for 1503 W Main Street

General Information

Standard status Pending
Size 1,936 SF
Property subtype Special Purpose

Amenities

Corner Lot, Level, Sloped, Wooded
Composition
Public Sewer
Additional parcels description:, Parcel Number: 653804831623, Assessed Value: $1.69549e+06, Zoning: R-10
Carpet, Tile, Vinyl, Wood
Listing ID: CAR4423976, Standard Status: Active Under Contract, MLS Status: Under Contract-Show, Property Subtype: Special Purpose, 24 days on market, Special Conditions: None
35 open parking spaces, 35 total parking spaces, Parking Lot, Parking Space(s)
Bath/Stubbed, Walk-Out Access
Built in 1936, Construction Materials: Brick Full
County/Parish: Stanly
5 total bathrooms
Cable Available, Water Source: City
Frontage Type: City Street, Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Two or More Access Exits

Building Details

Building Size 1,936 SF
Year Built 1936
Listing Agency: Howard Hanna Allen Tate Albemarle
Listed By: Carla Weyrick
Source: Blackstreaminternational
Added: Sep 12 Changed: Oct 29 Last Checked: Oct 28 at 7:42AM

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 Howard Hanna Allen Tate Albemarle

Rey
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Investment Insights

Based on property information with market context.

The offering includes the historic West Albemarle School building, constructed in 1936, together with 4.43 acres of land. The property is presented for adaptive reuse and residential development, offering a combination of existing institutional improvements and additional land within one assemblage.

The property is located at 1503 W Main Street in Albemarle, North Carolina. The offering comprises two parcels: 1503 W Main, identified as 653804831623, and Stonewall Vacant Land, identified as 653804833461. The site is positioned within the West Albemarle area and provides a substantial land component for a small-scale community concept.

Key Highlights

  • Historic school building constructed in 1936
  • 4.43 acres included with the existing school building
  • Adaptive reuse and residential development opportunity

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

SCC (West MainSite) High School

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Grocery & Convenience Store Computer & Electronic Repair

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

360
Businesses Nearby

Demographics for 28001, NC

27,185
Population
12,847
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
88%
High-School Grad
131.4 sq mi
ZIP Area
207
Density / Sq Mi
$55,610
Median Household Income
$36,684
Median Earnings
$823
Median Rent
$194,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
School - Historic school building with land suited to adaptive reuse and residential development.
Where is this school located?
The property is located at 1503 W Main Street Albemarle, NC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Historic school building constructed in 1936; 4.43 acres included with the existing school building; Adaptive reuse and residential development opportunity
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