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Medical Office Space with Nine Offices
New
For Sale
$250,000

508 S Chestnut St, Henderson, NC 27536

A multi-office layout and three bathrooms support a range of business configurations, subject to required approvals.

Property Size1,435 SF
Price / SF$174.22
Days on Market5

Property Features for 508 S Chestnut St

General Information

Standard status Active
Size 1,435 SF

Property Condition

Severity Repairs Needed
Evidence requires electrical improvements

Additional Details

Utilities to Site No

Taxes and HOA fees

Annual Taxes $961
Listing Agency: EXP Realty LLC
Listed By: Marissa Velazquez Nunez · License #329992
Source: Exprealty
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 12 at 10:57PM

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 EXP Realty LLC

Investment Insights

Based on property information with market context.

This 1,435-square-foot medical office property in Henderson is arranged with nine individual offices and three bathrooms. Interior improvements have been completed, and the existing configuration provides distinct office areas. Additional work may be needed for a future operation, depending on its intended use.

The property is commercially zoned. It has no active electrical service and requires electrical improvements. Municipal approvals, including a Special Use Permit as advised, may also be required. Buyers should confirm zoning, permitted uses, utility status, and applicable approvals for their plans.

Key Highlights

  • Nine individual offices and three bathrooms
  • 1,435 square feet
  • Commercial zoning

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

715
Businesses Nearby
Under-served
Demand for This Use

Demographics for 27536, NC

15,998
Population
7,432
Households
2.2
Avg Household Size
40
Median Age
17%
College-Educated
83%
High-School Grad
12.1 sq mi
ZIP Area
1,322
Density / Sq Mi
$39,491
Median Household Income
$30,171
Median Earnings
$841
Median Rent
$120,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Frequently Asked Questions

What type of property is this?
Medical Office Space - A multi-office layout and three bathrooms support a range of business configurations, subject to required approvals.
Where is this medical office space located?
The property is located at 508 S Chestnut St Henderson, NC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Nine individual offices and three bathrooms; 1,435 square feet; Commercial zoning
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