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Salon and Beauty Supply Retail Space

502 Us Highway 1, Norlina, NC 27563

For Sale
$375,000

Commercial Sale, Norlina, NC

Property Size1,680 SF
Lot Size0.16 Acres
Price / SF$223.21
Days on Market342

Property Features for 502 Us Highway 1

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commerical
Parking 12
Security features Security System
Appliances Exhaust Fan, Water Heater
Subdivision Not in a Subdivision
Lot features Rectangular Lot
Standard status Active
APN D4D188
Size 1,680 SF
Lot size 0.16 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Business Included Yes

Taxes and HOA fees

Tax Year 2025
Tax Description & Bldg Hawks
Tax Annual Amount 816
Legal Description & Bldg Hawks

Utilities

Sewer type Public Sewer
Heating system Zoned
Cooling system Central Air, Zoned
Water source Public

Building Details

Year built 1940
Floors in Building 1
Flooring type Vinyl, Carpet
Building materials Block, Board & Batten Siding, Concrete
Roof type Shingle
Listing Agency: Coldwell Banker Advantage · Coldwell Banker Real Estate
Listed By: Shevon Cooper · License NC #349720
Added: Dec 4, 2025 Changed: Nov 2 Last Checked: Nov 10 at 5:06PM
MLS# 10135958

Copyright © 2026 Doorify 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.

This 1,680-square-foot retail property houses a salon and beauty supply business, with booth occupants on month-to-month arrangements. Salon equipment is included. The building dates to 1940 and sits on a 0.16-acre parcel. Its construction includes block and concrete with board-and-batten siding; interior flooring is vinyl and carpet. Heating and cooling are zoned, with central air conditioning, and the roof is shingle.

Located at 502 US Highway 1 in Norlina, the property has public water and public sewer service. The surrounding area includes local restaurants, a supermarket, and the police department.

Key Highlights

  • Salon and beauty supply uses in one 1,680‑square‑foot retail property
  • Existing booth occupants have month‑to‑month arrangements
  • Salon equipment conveys with the property

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Plumbing Service Electrical Service Bakery Garden Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Speedway Shops & Services
9,996 visits/mo 0.3 miles
Family Dollar Shops & Services
3,073 visits/mo 0.4 miles
Exxon Shops & Services
2,057 visits/mo 0.2 miles

Demographics for 27563, NC

4,970
Population
2,489
Households
2
Avg Household Size
44
Median Age
13%
College-Educated
85%
High-School Grad
71.4 sq mi
ZIP Area
70
Density / Sq Mi
$39,732
Median Household Income
$31,727
Median Earnings
$703
Median Rent
$87,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Retail space - The property combines salon and beauty supply retail with existing month-to-month booth occupants and salon equipment.
Where is this retail space located?
The property is located at 502 Us Highway 1 Norlina, NC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Salon and beauty supply uses in one 1,680‑square‑foot retail property; Existing booth occupants have month‑to‑month arrangements; Salon equipment conveys with the property
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