Elevator-served commercial space with on-site parking and exposure along three downtown streets.
Space Size8,800 SF
Days on Market353
Property Features for 50 Union St N
General Information
Standard statusActive
Size8,800 SF
Net Rentable8,800 SF
ElevatorsYes
Property subtypeRETAIL
Lease TypeModified Gross
Space & Availability
Contiguous Space8,800 SF
DivisibleYes
Space UseOffice
SubleaseNo
Additional Details
Road AccessYes
Amenities
elevator
Building Details
Stories2
Building Size8,800 SF
Spaces For Lease
at 50 Union St N
Former Wells Fargo Market Office/Branch$19.50/SF/Yr
Size8,800 SF
TypeRETAIL
Lease TypeMODIFIED_GROSS
AvailabilityAVAILABLE
SubleaseNo
Position your business in a landmark former central bank steps from the core of downtown Concord. This 8,800 +/- SF building spans two floors and is served by an elevator, combining character features with modern functionality.
Enjoy three-street presence—Union Street, Church Street, and Killarney Avenue—for superb visibility, access, and signage. Walk to the nearby downtown
destinations like the Arts Council, The District Exchange, Novi apartments, city and county offices, and the district courthouse.
Inside, flexible spaces accommodate private offices, collaboration areas, and secure rooms, while outside, you’ll appreciate ample on-site parking—a true advantage downtown. Perfect for financial/professional offices, boutique medical, creative firms, retail, or a destination restaurant seeking a high-profile address with convenient customer access.
Please contact for rental rate (rental rate will be dependent on concept, TIA request, and lease term)
*The owner's preference is to lease the building as a whole, but will consider subdividing the upper and lower floors, depending on use.
**While owners are open to a restaurant use, they will not entertain concepts similar to those already operating in the downtown area.
Contact us
Listing Agency:Mortice Commercial Real Estate LLC(704) 684-1958
Added: Oct 27, 2025Changed: Oct 3Last Checked: Oct 12 at 10:18PM
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 Mortice Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This 8,800 +/- SF commercial building occupies two floors and includes elevator service, on-site parking, and a flexible interior arrangement. Existing areas can accommodate private offices, collaborative workspaces, and secure rooms. The property was formerly used as a central bank and may suit financial or professional offices, boutique medical users, creative firms, retail, or a destination restaurant.
The building fronts Union Street, Church Street, and Killarney Avenue in downtown Concord, providing access from three streets. Nearby destinations include the Arts Council, The District Exchange, Novi apartments, city and county offices, and the district courthouse. The owner prefers a single-tenant lease but may evaluate separate occupancy of the upper and lower floors based on the proposed use. Restaurant concepts are subject to ownership’s stated exclusion of concepts similar to those already operating downtown.
Key Highlights
8,800 +/- SF building arranged across two floors
Elevator service and ample on‑site parking
Three‑street presence at Union Street, Church Street, and Killarney Avenue
Property Analytics
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Top PickElectrical ServiceVeterinary Clinic(Bike/Boat/Book/etc) StoreStorage FacilityPet Grooming ServiceFlorist
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,414
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28025, NC
58,260
Population
23,759
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
91%
High-School Grad
108.4 sq mi
ZIP Area
537
Density / Sq Mi
$79,271
Median Household Income
$43,167
Median Earnings
$1,223
Median Rent
$264,100
Median Home Value
Check the figures for this propertyCap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate%for Office in South region
14.4%2019
16.4%2020
17.3%2021
18%2022
18.6%2023
20.3%2024
20.2%2025
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Cut at an Angle
— 17 Cabarrus Ave W, Concord, NC 28025
Frequently Asked Questions
What type of property is this?
Storefront property - Elevator-served commercial space with on-site parking and exposure along three downtown streets.
Where is this storefront property located?
The property is located at 50 Union St N Concord, NC.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: 8,800 +/- SF building arranged across two floors; Elevator service and ample on‑site parking; Three‑street presence at Union Street, Church Street, and Killarney Avenue
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New: 350 Mission StJust listed · $36/SF · 2 min ago