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Valdese Commercial Redevelopment Opportunity
For Sale
$250,000

213 Colombo Street NW, Valdese, NC 28690

Commercial property in Valdese, NC, with redevelopment potential.

Property Size1,080 SF
Lot Size0.13 Acres
Price / SF$231.48
Days on Market155

Property Features for 213 Colombo Street NW

General Information

Standard status Active
Size 1,080 SF
Lot size 0.13 Acres
Property subtype Commercial

Building Details

Year Built 1920
Listing Agency: C. RICE AND ASSOCIATES LLC
Listed By: BECCA RAMSEY
Source: Corcoran
Added: Mar 18 Changed: Aug 18 Last Checked: Aug 18 at 5:07AM

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 C. RICE AND ASSOCIATES LLC

Investment Insights

Based on property information with market context.

Located in Valdese, Burke County, North Carolina, this 1,080 sq ft commercial property offers redevelopment potential. Constructed in 1920, the single-story building is situated on a 5,662 sq ft lot. The property features 3 rooms suitable for offices or retail spaces, along with 1 restroom, and offers flexible layout options. The property is located on Colombo Street NW, near downtown Valdese's Main Street amenities, including shops, restaurants, and community events. It provides access to I-40 for commuting to Morganton and Hickory. The property has high visibility in a growing area. The building has the potential for open-concept retail, professional offices, or service-based businesses. The property's historic character offers opportunities for modern updates such as storefront windows or signage. The property was recently part of local rezoning discussions shifting areas from B-1 Central Business to B-2 General Business District, allowing for expanded commercial uses such as boutique shops, cafes, or professional services. The lot size supports limited parking or outdoor display areas. Valdese has a local economy with events such as the Waldensian Festival and outdoor recreation at Lake Rhodhiss. The property is suitable for businesses targeting locals, tourists, or remote workers. Potential uses include a coffee shop, real estate office, or artisan studio.

Key Highlights

  • Prime location in the heart of Valdese, offering high visibility and easy access to downtown amenities and I‑40.
  • Flexible 1,080 sq ft space suitable for various commercial uses.
  • Potential for expanded commercial uses due to recent rezoning discussions (verify with Town of Valdese Planning Department).

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service Pharmacy Dental Office

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

295
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 69% Shops & Services 31%
Food Lion Grocery Store Groceries
18,545 visits/mo 0.4 miles
Dollar General Shops & Services
7,252 visits/mo 0.3 miles
H&R Block Shops & Services
1,255 visits/mo 0.4 miles

Demographics for 28690, NC

9,124
Population
4,754
Households
1.9
Avg Household Size
47
Median Age
31%
College-Educated
94%
High-School Grad
21.5 sq mi
ZIP Area
424
Density / Sq Mi
$67,974
Median Household Income
$43,593
Median Earnings
$670
Median Rent
$185,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Your Floral Bouquet 104 Main St E, Valdese, NC 28690

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial property in Valdese, NC, with redevelopment potential.
Where is this storefront property located?
The property is located at 213 Colombo Street NW Valdese, NC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime location in the heart of Valdese, offering high visibility and easy access to downtown amenities and I‑40.; Flexible 1,080 sq ft space suitable for various commercial uses.; Potential for expanded commercial uses due to recent rezoning discussions (verify with Town of Valdese Planning Department).
More about this property
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