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Downtown Columbus Commercial Investment Opportunity
For Sale
$550,000

40 E Mills Street, Columbus, NC 28722

Commercial building with three occupied storefronts in downtown Columbus.

Property SizeContact for details
Days on Market316

Property Features for 40 E Mills Street

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Green Area
Heat Pump Cooling
Heat Pump Heating
Parking Lot
Rubber Roof
Tile Flooring

Building Details

Year Built 1950
Listing Agency: COLDWELL BANKER ADVANTAGE
Listed By: CHERYL STOTT · License #76999
Source: Corcoran
Added: Oct 8, 2025 Changed: Aug 18 Last Checked: Aug 18 at 5:32AM

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 COLDWELL BANKER ADVANTAGE

Investment Insights

Based on property information with market context.

This commercial building is located in downtown Columbus on a corner lot along Mills Street. The property features three fully occupied storefronts, each with established tenants. The property is set on a level, fenced lot, offering room for future growth or redevelopment. This property may be suitable for expansion of the existing structure, enhancement of the tenant mix, or as a long-term income-producing asset.

Key Highlights

  • Prime downtown Columbus location on a prominent corner.
  • Three fully occupied storefronts providing immediate cash flow.
  • Significant potential for future growth or redevelopment.

Property Analytics

Current Use

Perribrook Doggie Salon Pet Grooming Service cbkRentals Property Management Company Paul’s Barber Shop Barber Shop KENDRA BRIGMON, COLDWELL ... Real Estate Agency

Suggested Use

Top Pick Building Supply Parking Lot & Garage Real Estate Agency Big Box & Wholesale Store Garden Center HVAC Service

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

290
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 57% Shops & Services 24% Beauty & Spa 19%
El Campesino Dining
3,780 visits/mo 0.4 miles
Carquest Auto Parts Shops & Services
1,558 visits/mo 0.3 miles
Bubbles Beauty & Spa
1,265 visits/mo 0.1 miles

Demographics for 28722, NC

6,223
Population
3,151
Households
2
Avg Household Size
55
Median Age
31%
College-Educated
91%
High-School Grad
43.9 sq mi
ZIP Area
142
Density / Sq Mi
$60,774
Median Household Income
$32,305
Median Earnings
$1,225
Median Rent
$277,600
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

  • The Flower Cottage of Columbus 148 E Mills St, Columbus, NC 28722

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building with three occupied storefronts in downtown Columbus.
Where is this storefront property located?
The property is located at 40 E Mills Street Columbus, NC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Prime downtown Columbus location on a prominent corner.; Three fully occupied storefronts providing immediate cash flow.; Significant potential for future growth or redevelopment.
More about this property
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