Fenced Flex Space with
For Sale
$295,000
407 Market Street, Lexington, NC 27292
Fenced MU-zoned flex property combines warehouse capacity, dedicated offices, and an established industrial setting.
Property Size6,060 SF
Lot Size0.55 Acres
Price / SF$48.68
Days on Market68
Property Features for 407 Market Street
General Information
Standard status
Active
Size
6,060 SF
Lot size
0.55 Acres
Property subtype
Industrial
Zoning
MU
Additional Details
Fenced Yard
Yes
Building Details
Year Built
1940
Building Size
6,060 SF
Listing Agency:
Linville Team Partners
(443) 540-9293
Listed By:
Dom Maggio · License #268640
Source:
Ltpcommercial
Added: Jun 25
Changed: Aug 30
Last Checked: Aug 30 at 11:27PM
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 Linville Team Partners
Investment Insights
Based on property information with market context.
This flex property combines approximately 6,060 SF of warehouse area with dedicated office space in a building established in 1940. The 0.55-acre parcel is enclosed by fencing, with site area that may support additional outdoor storage. MU zoning is identified for the property and accommodates a range of business and industrial uses.
The property is located less than one mile from downtown Lexington, NC, with access to major thoroughfares. Its prior use as Hill Oil Company’s main office provides a documented connection to the site’s industrial history, while the warehouse-and-office configuration supports a range of commercial operations requiring both enclosed space and administrative areas.
The property is located less than one mile from downtown Lexington, NC, with access to major thoroughfares. Its prior use as Hill Oil Company’s main office provides a documented connection to the site’s industrial history, while the warehouse-and-office configuration supports a range of commercial operations requiring both enclosed space and administrative areas.
Key Highlights
- ±6,060 SF of warehouse space with dedicated office area
- 0.55‑acre fenced site
- MU zoning supporting business and industrial uses
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27292, NC
39,337
Population
18,749
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
85%
High-School Grad
144.0 sq mi
ZIP Area
273
Density / Sq Mi
$54,468
Median Household Income
$34,776
Median Earnings
$831
Median Rent
$193,300
Median Home Value
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- On Time Catering — 403 W 5th Ave, Lexington, NC 27292
Frequently Asked Questions
What type of property is this?
Flex space - Fenced MU-zoned flex property combines warehouse capacity, dedicated offices, and an established industrial setting.
Where is this flex space located?
The property is located at 407 Market Street Lexington, NC.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: ±6,060 SF of warehouse space with dedicated office area; 0.55‑acre fenced site; MU zoning supporting business and industrial uses
