318 Main St Lexington, NC 27292
This exceptional 18,400-square-foot warehouse at 318 N. Main Street in Lexington, North Carolina, presents a unique investment opportunity. The property, classified as Class C, boasts a single three-story building situated on a 0.55-acre lot in the desirable NC - South Davidson County submarket. Currently, 13,366 square feet are available for lease, offering significant flexibility for various business needs. The space is currently unfinished, providing a blank canvas for customization. The layout is adaptable, making it ideal for a range of uses, such as storage, a retail establishment (perhaps a thrift store or antique shop), or other suitable ventures. Two spaces are immediately available, one measuring 4,959 square feet on the second floor and another 2,777 square feet in the basement. The building includes one loading dock for efficient material handling. Onsite parking is limited. The property is zoned U and is conveniently located in Uptown Lexington, offering excellent visibility and accessibility. The owner is willing to subdivide the space to accommodate specific tenant requirements. This is a rare opportunity to acquire a versatile warehouse in a thriving location.
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ELEGANT DREAMS LIMOUSINES, LLC Limousine Service
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Lexington Youth Theatre Child Welfare Organization Charitable Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.