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Historic Downtown Troy Retail Building
For Sale
$182,400
Pending

323 N Main Street, Troy, NC 27371

Tenant-occupied retail building in Troy's historic downtown district.

Property SizeContact for details
Days on Market146

Property Features for 323 N Main Street

General Information

Standard status Pending
Property subtype Commercial

Amenities

City Lot

Building Details

Year Built 1928
Listing Agency: PRICE REALTORS-RANDLEMAN
Listed By: BRYAN REYNOLDS
Source: Corcoran
Added: Mar 20 Changed: Aug 8 Last Checked: Jul 27 at 7:01AM

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 PRICE REALTORS-RANDLEMAN

Investment Insights

Based on property information with market context.

Located in the historic downtown district of Troy, NC, this well-maintained brick retail building presents an investment opportunity. The property features a classic brick exterior and strong street presence in a high-visibility area. It is surrounded by local businesses, dining options, and community activity. The building is currently tenant-occupied with an established business. The tenant has expressed interest in remaining, offering immediate income potential. This property is suited for investors seeking a stabilized asset with potential for long-term appreciation in a growing small-town market.

Key Highlights

  • Immediate income potential with established tenant in place
  • Tenant has expressed interest in remaining
  • Prime investment opportunity in Troy, NC historic downtown

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Skin Care Clinic Building Supply

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

64
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27371, NC

7,284
Population
3,900
Households
1.9
Avg Household Size
44
Median Age
23%
College-Educated
85%
High-School Grad
143.4 sq mi
ZIP Area
51
Density / Sq Mi
$62,392
Median Household Income
$34,933
Median Earnings
$584
Median Rent
$157,300
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
Rey
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Similar Off Market Nearby

  • Troy Flower & Gift Shop 120 Byrd St, Troy, NC 27371

Frequently Asked Questions

What type of property is this?
Storefront property - Tenant-occupied retail building in Troy's historic downtown district.
Where is this storefront property located?
The property is located at 323 N Main Street Troy, NC.
What is the asking price?
The asking price for this property is $182,400.
What are key features of this property?
This property features: Immediate income potential with established tenant in place; Tenant has expressed interest in remaining; Prime investment opportunity in Troy, NC historic downtown
More about this property
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