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Multi-Room Office and Wellness Building
For Sale
$850,000

925 5th Street, Hickory, NC 28601

Versatile building with multiple rooms and open areas, previously used as a school, plus ample parking on a sizable lot.

Property SizeContact for details
Days on Market592

Property Features for 925 5th Street

General Information

Standard status Active
Property subtype Office

Amenities

3

Building Details

Year Built 1966
Listing Agency: NorthGroup Real Estate LLC
Listed By: Kate Yoon
Source: Xome
Added: Dec 28, 2024 Changed: Aug 8 Last Checked: Aug 11 at 5:26AM

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 NorthGroup Real Estate LLC

Investment Insights

Based on property information with market context.

This versatile commercial property includes multiple rooms and open areas and was previously utilized as a school. In addition to the classroom-style layout, the building features flexible spa space that may be adapted for a range of business uses, including office, educational, medical, retail, or specialty operations.

The property sits on a sizable lot with convenient access to major roads and ample parking for day-to-day use. Its functional interior configuration is well suited for an owner-user or investor seeking a building that can support multiple concepts.

Offered for sale as a flexible, multi-space building, it provides a straightforward footprint for organizations looking to repurpose an existing structure with both room-based and open-area components.

Key Highlights

  • Building originally used as a school with multiple rooms and open areas for adaptable business use
  • Versatile interior layout can be used for offices, educational use, medical, retail, or specialty business operations
  • Year built: 1966

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Building Supply Electrical Service Parking Lot & Garage Big Box & Wholesale Store Kitchen & Bath Showroom

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

675
Businesses Nearby

Demographics for 28601, NC

53,973
Population
23,400
Households
2.3
Avg Household Size
42
Median Age
35%
College-Educated
90%
High-School Grad
47.1 sq mi
ZIP Area
1,146
Density / Sq Mi
$67,839
Median Household Income
$41,697
Median Earnings
$951
Median Rent
$236,100
Median Home Value

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?
Office building - Versatile building with multiple rooms and open areas, previously used as a school, plus ample parking on a sizable lot.
Where is this office building located?
The property is located at 925 5th Street Hickory, NC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Building originally used as a school with multiple rooms and open areas for adaptable business use; Versatile interior layout can be used for offices, educational use, medical, retail, or specialty business operations; Year built: 1966
More about this property
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