2 State St Lexington, NC 27292
- Retail properties
Current Use by Public Records
- Grimes Brothers Mill / Historical Landmark
Property Details for 2 State St
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This ±3,900 square foot former bank building presents a unique opportunity for a single tenant in the heart of downtown Lexington. Situated on a 0.79-acre lot, the property boasts three existing drive-thru lanes, a significant advantage for businesses requiring convenient customer access. Two prominent pylon signs, one on each side of the building, ensure high visibility and brand recognition. Ample parking is provided with 34 spaces available for patrons and employees. The building's location in downtown Lexington offers immediate proximity to a variety of shops and restaurants, providing a vibrant and convenient environment for both employees and customers. The property is zoned for retail or office use, making it suitable for a wide range of businesses. The existing infrastructure, including the drive-thrus and pylon signs, represents a significant cost savings for potential tenants, allowing for a quicker and more efficient setup. This is a rare opportunity to acquire a well-located, established property with excellent visibility and convenient amenities in a thriving downtown area. The property's size and features make it ideal for a variety of businesses seeking a high-profile location in a bustling commercial district. The ample parking further enhances the property's appeal and functionality. This is a turnkey opportunity for a business seeking immediate occupancy and a strong presence in the Lexington market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Davidson
- State
- North Carolina
- Longitude
- -80.2541
- Latitude
- 35.8254
