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Commercial Building on Corner Lot
For Sale
$1,200,000

401 1st Street W #1-7, Conover, NC 28613

Commercial building with land for future retail development.

Property SizeContact for details
Lot Size1.77 Acres
Days on Market303

Property Features for 401 1st Street W #1-7

General Information

Standard status Active
Lot size 1.77 Acres
Property subtype Commercial

Amenities

Level
Open Lot
Paved

Building Details

Year Built 1939
Listing Agency: ROSE MUN REALTY
Listed By: ROSE MUN · License #259345
Source: Corcoran
Added: Oct 11, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:37AM

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 ROSE MUN REALTY

Investment Insights

Based on property information with market context.

This commercial building is situated on the front corner of a 1.34-acre lot, which includes an adjacent 0.43-acre parcel. The property is located on a busy street in a growing area. The site offers the potential to construct a retail shopping center for rental income. A tenant-occupied dry cleaner operates in one space, while the adjacent space is vacant. The property also includes a house located at the back of the building. The property is located near the new Microsoft facility. The mixed-zoning commercial property includes both a building and a large open land area, suitable for a future shopping center.

Property Analytics

Current Use

Ralph's Cleaners & Shirt ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Parts Store Skin Care Clinic Kitchen & Bath Showroom

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

389
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Truist Shops & Services
5,026 visits/mo 0.3 miles
Citgo Shops & Services
4,009 visits/mo 0.4 miles
Citgo Shops & Services
3,402 visits/mo 0.3 miles

Demographics for 28613, NC

22,970
Population
10,222
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
85%
High-School Grad
42.4 sq mi
ZIP Area
542
Density / Sq Mi
$55,690
Median Household Income
$38,932
Median Earnings
$822
Median Rent
$208,400
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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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial building with land for future retail development.
Where is this commercial land located?
The property is located at 401 1st Street W #1-7 Conover, NC.
What is the asking price?
The asking price for this property is $1,200,000.
More about this property
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