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Newland Retail Opportunity For Sale
For Sale
$689,000

417 Cranberry Street, Newland, NC 28657

Prime Newland location with road frontage and development potential.

Days on Market428

Property Features for 417 Cranberry Street

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1973
Listing Agency: COMBS CAROLINA PROPERTIES INC
Listed By: PATRICIA COMBS · License #220103
Source: Corcoran
Added: May 31, 2025 Changed: Jul 6 Last Checked: Aug 1 at 7:36AM

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 COMBS CAROLINA PROPERTIES INC

Investment Insights

Based on property information with market context.

This property in Newland presents an opportunity with city water and sewer services. It features over 320 feet of road frontage on a level lot. Currently, the property includes an established hair salon and a 20x60 single-wide mobile home with 2 bedrooms and 2 bathrooms, used as a single-family residence. There is also an extra building site. The property could be suitable for a new restaurant or retail venture, especially with Newland now approving beer, wine, and liquor sales. Buyers can continue the current business or transform the space. The mobile home tenant is on a 30-day notice. A new survey is being completed.

Key Highlights

  • Prime Newland location with HIGH VISIBILITY and over 320 feet of road frontage.
  • Includes city water and city sewer.
  • Opportunity for restaurant or retail venture due to new alcohol sales approval in Newland.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Veterinary Clinic

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

275
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 44%
Bojangles' Famous Chicken 'n Biscuits Dining
15,258 visits/mo 0.1 miles
Hardee's Dining
9,397 visits/mo 0.5 miles
Exxon Shops & Services
7,558 visits/mo 0.1 miles
Valero Energy Shops & Services
3,134 visits/mo 0.4 miles
United Community Bank Shops & Services
2,612 visits/mo 0.4 miles

Demographics for 28657, NC

9,086
Population
6,249
Households
1.5
Avg Household Size
49
Median Age
25%
College-Educated
91%
High-School Grad
160.0 sq mi
ZIP Area
57
Density / Sq Mi
$56,371
Median Household Income
$35,045
Median Earnings
$748
Median Rent
$223,600
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
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Frequently Asked Questions

What type of property is this?
Retail space - Prime Newland location with road frontage and development potential.
Where is this retail space located?
The property is located at 417 Cranberry Street Newland, NC.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Prime Newland location with HIGH VISIBILITY and over 320 feet of road frontage.; Includes city water and city sewer.; Opportunity for restaurant or retail venture due to new alcohol sales approval in Newland.
More about this property
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