Marion, NC Investment
For Sale
$799,000
36 & 50 Catawba Avenue, Marion, NC 28752
Commercial Sale, Marion, NC
Property SizeContact for details
Lot Size0.70 Acres
Days on Market463
Property Features for 36 & 50 Catawba Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
R3
Lot features
Level, Sloped
Directions
White house beside of Farm Bureau facing Burger King. Second home is located behind white house on Catawba Avenue. Unfinished apartment is attached to the white house beside of Farm Bureau
Standard status
Active
APN
170114446206/7225
Lot size
0.70 Acres
Taxes and HOA fees
Tax Description
approximately 0.7 acres
Legal Description
approximately 0.7 acres
Building Details
Year built
1936
Building materials
Vinyl
Listing Agency:
Realty Group 1 LLC
(828) 652-3797
Listed By:
Fay Wright · License #165787
(828) 442-7086
Added: May 16, 2025
Changed: Aug 20
Last Checked: Aug 21 at 3:06AM
MLS# 4253168
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 approximately 0.7-acre property is located within the city limits of Marion, North Carolina. The property is highly visible and situated near the By-Pass and a shopping center, and it is also located minutes from downtown Marion and Interstate 40. The property includes two houses and one unfinished apartment. The first house has 3 bedrooms and 1 bath and is approximately 1137 square feet. The second house has 3 bedrooms and 1 bath and is approximately 1039 square feet. The unfinished apartment is approximately 627 square feet. The property has city water and city sewer. It is currently zoned R3. According to the Planning Development with the City of Marion, there should not be a problem to rezone commercial if an application is submitted with plans on the use of said property. The property is suitable for commercial land, land, multifamily properties, residential income properties, other multifamily properties, and commercial real estate.
Key Highlights
- Prime location near bypass, shopping center, downtown Marion, and I‑40.
- Two houses and one unfinished apartment included.
- Potential for commercial rezoning (R3 currently).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 28752, NC
29,669
Population
14,141
Households
2.1
Avg Household Size
43
Median Age
16%
College-Educated
85%
High-School Grad
249.1 sq mi
ZIP Area
119
Density / Sq Mi
$55,036
Median Household Income
$37,382
Median Earnings
$712
Median Rent
$166,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two houses and one unfinished apartment in prime location.
Where is this multifamily property located?
The property is located at 36 & 50 Catawba Avenue Marion, NC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Prime location near bypass, shopping center, downtown Marion, and I‑40.; Two houses and one unfinished apartment included.; Potential for commercial rezoning (R3 currently).
