8-Unit Mixed-Use
New
For Sale
$750,000
319 Connelly Springs Rd SW, Lenoir, NC 28645
Four business spaces occupy the ground level, with four apartments above and two separate parking areas.
Property Size11,000 SF
Price / SF$68.18
Days on Market2
Property Features for 319 Connelly Springs Rd SW
General Information
Standard status
Active
Size
11,000 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Additional Details
Gross Income
$85,800
Amenities
shared covered porch/balcony
Building Details
Year Built
1970
Tenancy
Multi
Listing Agency:
Raccoon Realty LLC
Listed By:
Judith Sullivan · License #CARR13420
(828) 729-1976
Source:
Highperformancerea
Added: Sep 29
Last Checked: Sep 30 at 1:32PM
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 Raccoon Realty LLC
Investment Insights
Based on property information with market context.
This 11,000-square-foot mixed-use property contains four commercial spaces at street level and four apartments on the upper floor. Each commercial space is approximately 1,500 square feet and includes a concrete slab floor, central HVAC, and a half bathroom. The apartments each have two bedrooms, one bathroom, and an open kitchen and living area. Baseboard heating and window air-conditioning serve the apartments, which share a covered porch or balcony. One apartment is furnished for short-term rental, and the property is fully rented. Built in 1970, the property also has two separate parking areas.
Key Highlights
- Four commercial spaces, each approximately 1,500 square feet
- Four apartments, each with 2 bedrooms and 1 bathroom
- 11,000‑square‑foot mixed‑use property built in 1970
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Explore this area
Business Placement
Demographics for 28645, NC
46,004
Population
21,558
Households
2.1
Avg Household Size
45
Median Age
17%
College-Educated
82%
High-School Grad
329.1 sq mi
ZIP Area
140
Density / Sq Mi
$50,529
Median Household Income
$34,526
Median Earnings
$726
Median Rent
$157,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four business spaces occupy the ground level, with four apartments above and two separate parking areas.
Where is this mixed-use property located?
The property is located at 319 Connelly Springs Rd SW Lenoir, NC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four commercial spaces, each approximately 1,500 square feet; Four apartments, each with 2 bedrooms and 1 bathroom; 11,000‑square‑foot mixed‑use property built in 1970
