Search
Former Masonic Lodge Property
For Sale
$50,000

407 S Norwood St, Wallace, NC 28466

An existing occupancy arrangement continues through February 28, 2027, with utilities included.

Property SizeContact for details
Days on Market8

Property Features for 407 S Norwood St

General Information

Standard status Active
Property subtype Commercial Building

Additional Details

Tenant in Place Yes
Property Use Office

Amenities

Lot Size Acres: 0.92
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure, Sale Type: Estate, Sale Type: Auction, Online Only Auction, Auction URL: https://hibid.com/catalog/789414/online-real-estate---8-000-sf-commercial---wallace--nc, Auction Start Time: 2026-10-26 11:00:00, Auction End Time: 2026-12-05 23:00:00

Building Details

Buildings 1
Owner Occupied No
Listing Agency: Port City Auctions and Estate Services
Listed By: Laney Tolliver
Source: Doyle-realty
Added: Oct 26 Changed: Nov 1 Last Checked: Nov 1 at 5:06AM

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 Port City Auctions and Estate Services

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This specialty property at 407 S Norwood St in Wallace was formerly used as a Masonic lodge. Its established identity and existing building provide a basis for continued use or future adaptation, subject to applicable requirements.

The property is being offered as-is, where-is. An extended tenancy arrangement with the current occupants runs through February 28, 2027, and includes utilities.

Key Highlights

  • Former Masonic Lodge in Wallace, North Carolina
  • Located at 407 S Norwood St
  • Current occupancy arrangement extends through February 28, 2027, with utilities included

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Real Estate Agency Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store HVAC Service Garden Center

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

428
Businesses Nearby

Demographics for 28466, NC

8,773
Population
4,647
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
85%
High-School Grad
179.1 sq mi
ZIP Area
49
Density / Sq Mi
$61,906
Median Household Income
$38,511
Median Earnings
$851
Median Rent
$179,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Specialty property - An existing occupancy arrangement continues through February 28, 2027, with utilities included.
Where is this specialty property located?
The property is located at 407 S Norwood St Wallace, NC.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Former Masonic Lodge in Wallace, North Carolina; Located at 407 S Norwood St; Current occupancy arrangement extends through February 28, 2027, with utilities included
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved