Multi-Office Medical
For Sale
$250,000
508 S Chestnut Street, Henderson, NC 27536
A nine-office configuration supports a range of commercial concepts, subject to required approvals and property improvements.
Property Size1,435 SF
Price / SF$174.22
Days on Market17
Property Features for 508 S Chestnut Street
General Information
Standard status
Active
Size
1,435 SF
Property subtype
Commercial
Property Condition
Severity
Repairs Needed
Evidence
requires electrical improvements
Additional Details
Condition
Needs Renovation
Utilities to Site
No
Building Details
Building Size
1,435 SF
Year Built
1951
Listing Agency:
Dwell Raleigh Real Estate
Listed By:
Kristina Nieshalla
(919) 696-9622
Source:
Dwellraleigh
Added: Oct 9
Changed: Oct 25
Last Checked: Oct 23 at 4:52PM
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 Dwell Raleigh Real Estate
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Investment Insights
Based on property information with market context.
This 1,435-square-foot commercial property in Henderson was previously used as a medical office and contains nine individual offices and three bathrooms. Interior work has been completed, though further improvements may be necessary for a future operation. The building dates to 1951 and is commercially zoned.
Electrical service is not active, and electrical upgrades are required. Municipal approvals may also be necessary, including a Special Use Permit as advised; buyers should confirm zoning, allowed uses, utilities, and approval requirements. Potential concepts identified for the property include professional or medical offices, salon suites, wellness services, and accounting or tax preparation, subject to applicable approvals.
Electrical service is not active, and electrical upgrades are required. Municipal approvals may also be necessary, including a Special Use Permit as advised; buyers should confirm zoning, allowed uses, utilities, and approval requirements. Potential concepts identified for the property include professional or medical offices, salon suites, wellness services, and accounting or tax preparation, subject to applicable approvals.
Key Highlights
- Nine individual offices and three bathrooms
- 1,435 square feet of commercial space
- Former medical office use
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
715
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A nine-office configuration supports a range of commercial concepts, subject to required approvals and property improvements.
Where is this medical office space located?
The property is located at 508 S Chestnut Street 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 of commercial space; Former medical office use
