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Office-Warehouse Mixed-Use Property
For Sale
$995,000

241 W North Street, Albemarle, NC 28001

The property combines warehouse and office space in Albemarle’s Central Business District.

Property SizeContact for details
Days on Market10

Property Features for 241 W North Street

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1963
Buildings 1
Listing Agency: Whitley Realty, Inc.
Listed By: Joseph Burleson · License #267880
Source: Geoffcampbell
Added: Oct 21 Changed: Oct 26 Last Checked: Oct 29 at 11:13PM

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 Whitley Realty, Inc.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property contains slightly over 30,000 square feet of office and warehouse space. Built in 1963, the building previously served as the Stanly News and Press office and warehouse.

The site spans more than 1 acre in downtown Albemarle and lies within the Central Business District.

Key Highlights

  • Slightly over 30,000 square feet of office and warehouse space
  • More than 1 acre in downtown Albemarle
  • Located in the Central Business District

Property Analytics

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

Current Use

Greencross Inc Marketing & Advertising

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Parking Lot & Garage Electrical Service Garden Center Restaurant

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

625
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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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines warehouse and office space in Albemarle’s Central Business District.
Where is this mixed-use property 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 office and warehouse space; More than 1 acre in downtown Albemarle; Located in the Central Business District
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