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Medical Office with Individual Offices
New
For Sale
$250,000

508 S Chestnut Street, Henderson, NC 27536

Commercial Sale, Henderson, NC

Property Size1,435 SF
Lot Size0.09 Acres
Price / SF$174.22
Days on Market3

Property Features for 508 S Chestnut Street

General Information

Property type Commercial Sale
Property subtype Office
Subdivision Not in a Subdivision
Standard status Active
APN 0003 03006
Size 1,435 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 508 S CHESTNUT ST
Tax Annual Amount 961
Legal Description 508 S CHESTNUT ST

Building Details

Year built 1951
Building materials Brick
Listing Agency: EXP Realty LLC
Listed By: Marissa Velazquez Nunez · License #329992
Added: Oct 9 Last Checked: Oct 11 at 1:06AM
MLS# 10197602

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.

Investment Insights

Based on property information with market context.

This 1,435-square-foot medical office property is a brick building constructed in 1951. Its interior includes nine individual offices and three bathrooms. Some interior work has been completed, while electrical improvements remain necessary; the property currently has no active electrical service.

The 0.09-acre property is at 508 S Chestnut Street in Henderson, North Carolina. A Special Use Permit and other municipal approvals may be required, and permitted uses, zoning, utilities, and approvals should be verified. Additional work may be needed based on the intended use.

Key Highlights

  • Nine individual offices and three bathrooms
  • 1,435 square feet on a 0.09‑acre lot
  • Brick construction; built in 1951

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - The brick building has a nine-office layout and three bathrooms, with electrical improvements required before use.
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 on a 0.09‑acre lot; Brick construction; built in 1951
More about this property
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