Property summary
This exceptional 0.92-acre commercial property at 500 Julius Chambers Avenue N in Mount Gilead, North Carolina, presents a unique investment opportunity. Boasting 1,860 square feet of space, the property is currently configured as a retail location, stocked with inventory (available for purchase separately). The building features easy entry and exit, with no steps, making it accessible and convenient. Its versatile design and location offer a multitude of potential uses, including but not limited to retail, food service (food truck compatible), farm produce sales, medical or dental offices, hair salon, vape or smoke shop, pawn shop, or even a breakfast restaurant. Alternatively, with necessary permits and modifications, the property could be converted into residential use, such as a single-family home, townhouses, or condominiums. Situated on a lot with approximately 289 feet of road frontage along Highway 109, this property benefits from high traffic counts, ensuring excellent visibility and accessibility. The asking price is $179,000. This is a rare chance to acquire a well-located property with significant potential in a growing area. Don't miss this opportunity to own a piece of Mount Gilead's commercial landscape. The zip code is 27306.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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