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Former Masonic Lodge Property
New
For Sale
$50,000

407 S Norwood St, Wallace, NC 28466

Commercial Sale, Wallace, NC

Property SizeContact for details
Lot Size0.92 Acres
Days on Market5

Property Features for 407 S Norwood St

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Lot size 0.92 Acres

Additional Details

Tenant in Place Yes
Listing Agency: Port City Auctions and Estate Services
Listed By: Laney Tolliver
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 30 at 2:06PM
MLS# 12045547

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

At 407 S Norwood St in Wallace, this 0.92-acre property was formerly used as a Masonic lodge. It is being offered in as-is, where-is condition, and an extended tenancy arrangement is required through February 28, 2027.

The building may be considered for renovation or adaptive reuse. Any future use is subject to applicable zoning, permits, approvals, and restrictions.

Key Highlights

  • Former Masonic lodge at 407 S Norwood St
  • 0.92‑acre property
  • As‑is, where‑is offering

Property Analytics

Who owns this building? See the owner, sales and loan history
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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
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Frequently Asked Questions

What type of property is this?
Specialty property - The Wallace property is offered as-is with an extended tenancy arrangement through February 28, 2027.
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 at 407 S Norwood St; 0.92‑acre property; As‑is, where‑is offering
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