Multi-Building Retail and Warehouse
381 Crimson Laurel Way, Bakersville, NC 28705
For Sale
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Two-building commercial site anchored by a leased Dollar General above a two-bay warehouse and a separate vacant office building.
Property Size8,900 SF
Lot Size1.85 Acres
Price / SF$89.89
Days on Market146
Property Features for 381 Crimson Laurel Way
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Drive-In Doors
Building Details
Year Built
Buildings
Listing Agency:
NAI Beverly Hanks - Asheville
Listed By:
Ian Moorrees · License #337555
(828) 620-2022
Source:
Crexi
Added: Jun 17
Changed: Nov 4
Last Checked: Nov 8 at 6:36AM
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 NAI Beverly Hanks - Asheville
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Investment Insights
Based on property information with market context.
The property consists of two commercial buildings on an approximately 1.85-acre site, with ample parking for customers and tenants. The primary building is occupied by Dollar General and is supported by newer roofing on both structures. Under the Dollar General space is a large two-bay warehouse totaling approximately 7,425 square feet, featuring two oversized barn doors measuring approximately 15 feet wide by 10 feet high, suited for storage, distribution, contractor use, light industrial operations, or workshop space.
Dollar General is currently operating under a 2-year lease with a 5-year renewal option. The second building is approximately 1,475 square feet and was originally constructed for restaurant use, but it is currently configured as office space and is unoccupied. This building also includes a full-size unfinished basement that can support additional storage or future improvements. The overall site offers potential flexibility through the possibility of subdivision.
This configuration can work well for buyers seeking an owner-user or investor strategy that pairs existing income from the leased retail tenant with substantial warehouse area that could be reactivated or leased. It also provides a separate, currently unoccupied office building that may support a new tenant or in-place use, along with on-site parking and additional basement storage.
Dollar General is currently operating under a 2-year lease with a 5-year renewal option. The second building is approximately 1,475 square feet and was originally constructed for restaurant use, but it is currently configured as office space and is unoccupied. This building also includes a full-size unfinished basement that can support additional storage or future improvements. The overall site offers potential flexibility through the possibility of subdivision.
This configuration can work well for buyers seeking an owner-user or investor strategy that pairs existing income from the leased retail tenant with substantial warehouse area that could be reactivated or leased. It also provides a separate, currently unoccupied office building that may support a new tenant or in-place use, along with on-site parking and additional basement storage.
Key Highlights
- Multi‑building commercial property on approximately 1.85 acres in Bakersville, with ample parking and potential subdivision.
- Primary building includes space leased to Dollar General with a 2‑year lease and a 5‑year renewal option.
- Under the Dollar General space is a large two‑bay warehouse totaling approximately 7,425 SF with two oversized barn doors (about 15' W x 10' H).
Property Analytics
Who owns this building?
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Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
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Business Placement
Demographics for 28705, NC
6,220
Population
3,997
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
89%
High-School Grad
124.2 sq mi
ZIP Area
50
Density / Sq Mi
$54,350
Median Household Income
$36,560
Median Earnings
$855
Median Rent
$202,200
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Retail space - Two-building commercial site anchored by a leased Dollar General above a two-bay warehouse and a separate vacant office building.
Where is this retail space located?
The property is located at 381 Crimson Laurel Way Bakersville, NC.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Multi‑building commercial property on approximately 1.85 acres in Bakersville, with ample parking and potential subdivision.; Primary building includes space leased to Dollar General with a 2‑year lease and a 5‑year renewal option.; Under the Dollar General space is a large two‑bay warehouse totaling approximately 7,425 SF with two oversized barn doors (about 15' W x 10' H).
