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    244 Court St Marion, NC 28752

    Sponsored
    For Sale
    $700,000

    13,940 SF, Historic Downtown Location

    Property size:
    13,940 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13,940-square-foot commercial property, located at 244 E Court St in Marion, North Carolina, presents a unique investment opportunity. Built in 1930, this landmark building boasts a rich history as McDowell County's first car dealership and showroom. The property features a stunning showroom (approximately 3,350 square feet) with original terrazzo and wood floors, complemented by individual and group offices (approximately 475 square feet) retaining a historic drive-in dealership door. The showroom and office areas benefit from HVAC. The expansive workshop space (approximately 8,400 square feet) is divided into sections, including one heated area, and features two large drive-in doors, ideal for automotive or similar uses. Additional spacious storage (approximately 1,050 square feet) is also available. Ample parking is provided in front of the building and on a vacant lot to the west. The property enjoys high visibility, fronting US Hwy 70 (Bus.) East Court Street, and is conveniently located within walking distance of downtown Marion and the Courthouse. The property is zoned C1 and sits on a 1.1-acre lot (APN: 1701-08-77-7704). Offered at $700,000 ($50.22/sq ft), this property is sold AS IS. The current owners purchased the property in 1970 and make no representations regarding its condition.

    Property Features for 244 Court St

    General Information

    Property type
    Individual retail properties
    Square Feet
    13,940 SF
    Lot Size
    47,916 SF

    Building Details

    Year Built
    1930
    Buildings
    1

    HighLights

    • $700,000 asking price for this 13,940 square foot retail property.
    • Located at 244 E Court St, Marion, NC 28752, on a 1.1‑acre lot.
    • Features a 3,350 square foot showroom with terrazzo and wood floors, and 475 square feet of office space.
    • Includes approximately 8,400 square feet of workshop space with high ceilings and 1,050 square feet of storage.
    • Property is zoned C1 and has ample parking.
    • Built in 1930, this property boasts a rich history as McDowell County's first car dealership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Laundry Mat Laundry Service Condrey Plumbing Heating ... Air Conditioning Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    McDowell
    State
    North Carolina
    Longitude
    -82.0049502
    Latitude
    35.6852159

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    FAQs

    What type of property is this?
    Individual retail property - 13,940 SF, Historic Downtown Location
    Where is this individual retail property located?
    The property is located at 244 Court St Marion, NC.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: $700,000 asking price for this 13,940 square foot retail property.; Located at 244 E Court St, Marion, NC 28752, on a 1.1-acre lot.; Features a 3,350 square foot showroom with terrazzo and wood floors, and 475 square feet of office space.
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    244 Court St Marion, NC 28752
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    Marion, NC 28752
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    244 Court St Marion, NC 28752
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