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Flex Space with Office and Warehouse
For Sale
$995,000

241 W North Street, Albemarle, NC 28001

Commercial Sale, Albemarle, NC

Property Size30,000 SF
Lot Size1.28 Acres
Price / SF$33.17
Days on Market464

Property Features for 241 W North Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description CBD
Standard status Active
APN 654801159223
Lot size 1.28 Acres

Taxes and HOA fees

Tax Description 237 & 241 W. North Street
Legal Description 237 & 241 W. North Street

Building Details

Year built 1963
Listing Agency: Whitley Realty, Inc.
Listed By: Joseph Burleson · License #267880
Added: May 14, 2025 Changed: Aug 19 Last Checked: Aug 20 at 7:06PM
MLS# 4258684

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex-space property combines office and warehouse improvements within a single commercial facility. The building contains slightly over 30,000 square feet of space and was constructed in 1963, providing a substantial footprint for operations requiring both administrative and storage areas. The property previously served as the office and warehouse facility for Stanly News and Press.

The 1.28-acre site is positioned in downtown Albemarle within the Central Business District. Its existing office-and-warehouse configuration supports a range of commercial space planning needs without relying on a single-use layout. The property is located at 241 W North Street in Albemarle, North Carolina.

Key Highlights

  • Slightly over 30,000 square feet of combined warehouse and office space
  • 1.28‑acre commercial site in downtown Albemarle
  • Located within the Central Business District

Property Analytics

Current Use

Greencross Inc Marketing & Advertising

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Locksmith Carpet & Flooring Store Catering Service

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

633
Businesses Nearby
Under-served
Demand for This Use

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

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

  • Catering by CJ 202 N 2nd St, Albemarle, NC 28001

Frequently Asked Questions

What type of property is this?
Flex space - Combined office and warehouse improvements on a substantial downtown commercial parcel within the Central Business District.
Where is this flex space located?
The property is located at 241 W North Street Albemarle, NC.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Slightly over 30,000 square feet of combined warehouse and office space; 1.28‑acre commercial site in downtown Albemarle; Located within the Central Business District
More about this property
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