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Statesville Strip Mall For Sale
For Sale
$460,000

2327 Shelton Avenue, Statesville, NC 28677

Strip mall in prime location with high road frontage.

Property SizeContact for details
Days on Market220

Property Features for 2327 Shelton Avenue

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1970
Listing Agency: NATIVE ROOTS REAL ESTATE LLC
Listed By: TIFFANY MOORE
Source: Corcoran
Added: Jan 14 Changed: Aug 18 Last Checked: Aug 21 at 7:54AM

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 NATIVE ROOTS REAL ESTATE LLC

Investment Insights

Based on property information with market context.

This 10-unit strip mall is available for purchase. It is located off Hwy 21 and features just under 500 feet of road frontage. While the address is in Statesville, North Carolina, the property is situated just outside of Troutman and near the approved 774-acre residential/retail development, Wakefield Village, in Barium Springs. The building includes two levels, with 5 units upstairs and 5 below, with the potential to go to 12 units. Currently, two units upstairs and two units downstairs have been combined. Each unit is equipped with a restroom and is separately metered for power. The property utilizes septic and city/county water. It is zoned Neighborhood Business, which allows for a multitude of approved uses. Some repairs and updates are needed. The owner is also selling 3.58 acres adjacent to this property.

Key Highlights

  • Prime location off Hwy 21 with ~500 feet of road frontage.
  • Proximity to the approved 774‑acre Wakefield Village development.
  • 10 units with potential to expand to 12.

Property Analytics

Current Use

MainTain4Life LLC Training Center Carolina Kidz Club Social Service Agency CKC Depot Nightclub

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Auto Repair Shop Pharmacy Furniture & Home Goods

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

35
Businesses Nearby

Demographics for 28677, NC

35,926
Population
16,096
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
85%
High-School Grad
83.0 sq mi
ZIP Area
433
Density / Sq Mi
$59,081
Median Household Income
$34,684
Median Earnings
$861
Median Rent
$207,000
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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Frequently Asked Questions

What type of property is this?
Strip mall - Strip mall in prime location with high road frontage.
Where is this strip mall located?
The property is located at 2327 Shelton Avenue Statesville, NC.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Prime location off Hwy 21 with ~500 feet of road frontage.; Proximity to the approved 774‑acre Wakefield Village development.; 10 units with potential to expand to 12.
More about this property
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